TEHRAN, May 6, YJC - 444,589 MT of commodities worth over $218 million were traded in the Iran Mercantile Exchange (IME) over the first week of May with the value and volume of trading experienced a growth of 32% and 14%, respectively.
TEHRAN, Young Journalists Club (YJC) -
According to the report from the IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of the IME, 91,053 MT of various products worth close to $66 million were traded.
On this trading floor, 86,347 MT of steel products, 4,380 MT of copper, 200 MT of aluminum, 120 MT of molybdenum concentrates as well as 6 MT of precious metals concentrates were traded.
The report declares that on domestic and export oil and petrochemical trading floors of the IME, 281,320 MT of different commodities with the total value of $128 million were traded.
On this trading floor, more than 114,540 MT of bitumen, 49,240 MT of polymer products, 54,650 MT of VB feed stock as well as 19,650 MT of lube-cut oil, 22,038 MT of chemical products, 17,500 MT of sulfur, 960 MT of insulation, 1,500 MT of slaps waxes and 1,242 MT of base oil and slack wax oil were traded.
Moreover, on the agricultural trading floor of the IME, 50,285 MT of various commodities worth over $23.5 million were traded. On this trading floor, 30,750 MT of wheat, 15,925 MT of sugar, 3,000 MT of crude vegetable oil and 610 MT of maize were traded by customers.
It is worth noting that during the last week the side market of the IME witnessed trading of 21,931 MT of lime, potash (potassium chloride), day-old chicks and phosphate concentrate.