IME trading rises by 23 percent mid September

Young journalists club

News ID: 12845
Iran » Iran
Publish Date: 17:39 - 10 September 2017
TEHRAN, September 10 - 469,565 MT of commodities worth over $260.4 million were traded in Iran Mercantile Exchange (IME), trading value and volume experienced a growth of 23% and 7%, respectively over the first two weeks of September.

IME trading rises by 23 percent mid SeptemberTEHRAN, Young Journalists Club (YJC) - According to a report by the IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 154,180 MT of various products worth close to $114 million were traded.

On this trading floor, 30,000 MT of iron ore, 109,170 MT of steel products, 5,200 MT of aluminum, 9,570 MT of copper, 140 MT of molybdenum concentrates as well as 100 MT of zinc were traded.

The report declares that on domestic and export oil and petrochemical trading floors of the IME, 240,622 MT of different commodities with the total value of $124 million were traded.

On this trading floor, more than 72,690 MT of bitumen, 53,363 MT of polymer products, 74,500 MT of VB feed stock as well as 13,500 MT of lube-cut oil, 22,121 MT of chemical products, 1,000 MT of sulfur, 1,012 MT of base oil and slack waxes and 2,437 MT of insulation were traded.

Moreover, on the agricultural trading floor of IME, 72,269 MT of various commodities worth over $21.8 million were traded. On this trading floor, 1,242 MT of feed barley, 67,603 MT of wheat, 4,300 MT of sugar and 123,000 day oil chicks were traded by customers.

It is worth noting that during the first week of September, the side market of the IME witnessed trading of 970 MT of phosphate concentrate, 457 MT of metal scrape, 47 MT of used locomotive oil, 16 MT of Polymeric methylene di-phenyl diisocyanate OFF grade 1 as well as 3 MT of empty barrels.

 

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