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TEHRAN, July 23, YJC - 659,979 MT of commodities worth over $324.2 million were traded in the Iran Mercantile Exchange (IME) in the third week of July, a 15% growth was experienced in weekly trading volume.
TEHRAN, Young Journalists Club (YJC) - According to the report from IME International Affairs and PR on the domestic and export metal and mineral trading floor of IME, 312,208 MT of various products worth close to $133.4 million were traded.
On this trading floor, 252,892 MT of steel products, 4,110 MT of copper, 55,000 MT of iron ore, 140 MT of molybdenum concentrates, 60 MT of zinc ingot as well as 6 MT of precious metal concentrates were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 300,697 MT of different commodities with the total value of $176.2 million were traded.
On this trading floor, more than 119,466 MT of bitumen, 55,285 MT of polymer products, 62,578 MT of VB feed stock as well as 14,980 MT of lube-cut oil, 25,451 MT of chemical products, 21,300 MT of sulfur, 897 MT of slack waxes and 740 MT of insulation were traded.
Moreover, on the agricultural trading floor of IME, 46,559 MT of various commodities worth over $14.4 million were traded. On this trading floor, 17,383 MT of feed barley, 24,101 MT of wheat, 3,525 MT of sugar, 1,350 MT of maize and 200 MT of crude vegetable oil were traded by customers.
It is worth noting that during the third week of July the side market of IME witnessed trading of 475 MT of scrap metal and phosphate concentrate as well as 40,000 day old chicks.
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