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Economy, Business And Markets

IME’s Final Week Report

More than 622,000 tons of different commodities worth $330 million were traded at the Iran Mercantile Exchange (IME) during the week that ended December 31, IME’s public relations and international affairs office reported on Thursday.

According to the report more than 325,000 tons of commodities, worth $162 million, were supplied on the industrial and mining trading floor over the period; including 219,000 tons of steel sections, 100,000 tons of iron ore, 2,310 tons of copper, 3,620 tons of aluminum, 100 tons of molybdenum concentrate, 100 tons of zinc, 9 tons of precious metals concentrate and 9 kg of gold bullions.

Meanwhile, 296,000 tons of commodities, worth $196 million, were traded on the oil and petrochemical trading floor both for domestic and export purposes. The floor played host to more than 139,000 tons of bitumen of various grades, 40,000 tons of polymers, 60,000 tons of vacuum bottoms, 20,000 tons of sulfur, 1.4 tons of roof insulations, and 20 tons of gas and feedstock within the five working days.

The agricultural trading floor did not witness a bustling trading week as only about 190 tons of local corn were traded there.