Economy, Business And Markets

Rice Dominates IME

Rice Dominates IMERice Dominates IME

The Iran Mercantile Exchange (IME) saw both local and imported rice being traded on the agricultural trading floor on Saturday, IME’s public relations and foreign affairs office reported.

Close to 200 tons of Tarom rice from northern Mazandaran province, 200 tons from northern Golestan province, 100 tons from northern Gilan province and 200 tons from other provinces were offered on the floor.

In addition, 6,000 tons of rice from Thailand, and 5,700 tons of Indian rice were offered on the same trading floor. Some 300 tons of wheat worth 12,000 rials per kg, was also up for grabs for customers there.

On the industrial and mining trading floor, 100 tons of zing ingot 99.97 percent purity, with the base price of 79,500 rials per kg were offered by Zanjan Khales Sazan Zinc Industry.

The oil and petrochemical trading floor played host to almost 32,000 tons of various petrochemicals on Saturday’s trade. Epoxy resin, styrene monomer, hydrochloric acid, nitric acid, ethylene glycol, ammonia, heavy aromatics, paraxylene, polyethylene, butadiene rubber, polyvinyl chloride, industrial urea, and caustic soda were among the commodities offered there. In addition, some 40,000 tons of bitumen, 6,000 tons of lube-cut oil, and 800 tons of sulfur were traded on the same floor.

Overall, more than 93,000 tons of different commodities were supplied in IME’s spot market.