IME trades 520.000 tons goods late August

Young journalists club

News ID: 12425
Iran » Iran
Publish Date: 17:37 - 26 August 2017
TEHRAN, August 26, YJC - Approximately, 520,965 MT of commodities worth over $193.9 million were traded in Iran Mercantile Exchange (IME) in the third week of August.

IME trades 520.000 tons goods in third week of AugustTEHRAN, Young Journalists Club (YJC) - On the domestic and export metal and mineral trading floor of IME, 205,742 MT of various products worth close to $47.3 million were traded.

On this trading floor, 165,000 MT of iron ore, 34,426 MT of steel products, 6,170 MT of copper, 140 MT of molybdenum concentrates 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, 259,867 MT of different commodities with the total value of $127.7 million were traded.

On this trading floor, more than 104,594 MT of bitumen, 55,454 MT of polymer products, 65,200 MT of VB feed stock as well as 8,500 MT of lube-cut oil, 23,587 MT of chemical products, 270 MT of sulfur, 1,012 MT of base oil and slack waxes and 1,250 MT of insulation were traded.

Moreover, on the agricultural trading floor of IME, 49,423 MT of various commodities worth over $16.8 million were traded. On this trading floor, 3,938 MT of feed barley, 37,659 MT of wheat, 6,600 MT of sugar, 600 MT of maize, 550 MT of meals and 83,000 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 2,000 MT of potash (potassium chloride), 8,000 day-old chicks, 100 MT of raw milk, 3,000 MT of metal scrap and 825 MT of phosphate concentrate.

 

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