Iran Mercantile Exchange experienced growths in its trading volume and value

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News code : ۹۳۲۵۳۷

During weekdays ending up to June 25, 2020, while 870,896 MT of commodities worth over 1,452 million USD were traded on the Iran Mercantile Exchange, the trading volume and value experienced growths of 65 and 95 percent, respectively.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 417,887 MT of various products worth close to 914 million USD were traded.

On this trading floor, 401,914 MT of steel, 5,450 MT of copper, 9,575 MT of aluminum, 130 MT of molybdenum concentrates, 18 MT of precious metal concentrates, 600 MT of zinc, 200 MT of a lead ingot as well as 19 kg of gold bullion were traded by customers.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 450,697 MT of different commodities with a total value of 542 million USD were traded.

On this trading floor, 149,000 MT of VB feed stock, 124,790 MT of bitumen, 78,159 MT of polymer products, 35,852 MT of chemical products, 960 MT of insulation, 58,000 MT of lube cut oil, 1,200 MT of slaps waxes, 1,412 MT of base oil as well as 1,323 MT of sulfur were traded.

Furthermore, 2,305 MT of metal scrape was traded on the IME’s side market.

It is worth noting that 7 tons and 500 kg of saffron were traded on the agricultural trading floor.

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