Young Journalists Club | Latest news of Iran and world

News ID: 12272
Iran » Iran
Publish Date: 16:00 - 21 August 2017
TEHRAN, August 21 - 869,759 MT of commodities worth over $429.5 million were traded in Iran Mercantile Exchange (IME) over the third week of August with the volume and value of trading respectively rose by 110% and 63%.

IME weekly trading rises by 110%  in 3rd week of AugustTEHRAN, Young Journalists Club (YJC) - On the domestic and export metal and mineral trading floor of IME, 269,567 MT of various products worth close to %216.9 million were traded.

On this trading floor, 1,840 MT of aluminum, 261,345 MT of steel products, 6,230 MT of copper, 140 MT of molybdenum concentrates as well as 12 MT of precious metal concentrates were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 523,626 MT of different commodities with the total value of $188.2 million were traded.

On this trading floor, more than 306,123 MT of bitumen, 49,140 MT of polymer products, 136,940 MT of VB feed stock as well as 19,500 MT of lube-cut oil, 17,971 MT of chemical products, 900 MT of sulfur, 506 MT of base oil and slack waxes, 1,515 MT of insulation and 30 MT of argon were traded.

Moreover, on the agricultural trading floor of IME, 64,201 MT of various commodities worth over $21.8 million were traded. On this trading floor, 8,107 MT of feed barley, 46,670 MT of wheat, 7,875 MT of sugar, 800 MT of maize, 495 MT of frozen chicken, 254,000 day oil chicks were traded by customers.

It is worth noting that during the first week of August, the side market of IME witnessed trading of 3,000 MT of HRS thickness 2 alongside 100 MT of phosphate concentrate, 160 MT of scrap metal, 25 MT of used locomotive engine oil, 70,000 day old chicks, and 10 tonnes of used wooden rail traverse and 100 kg of empty barrels.


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