TEHRAN, May 20, YJC - 465,135 MT of commodities worth over $288 million were traded in the Iran Mercantile Exchange (IME) by May 18, 15% growth in trading volume and 16% growth in trading value were registered.
TEHRAN, Young Journalists Club (YJC) -
According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 220,027 MT of various products worth close to $146 million were traded.
On this trading floor, 212,791 MT of steel products, 5,920 MT of copper, 1,120 MT of aluminum, 140 MT of molybdenum concentrates, 6 MT of precious metal concentrates as well as 50 MT of zinc were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 221,925 MT of different commodities with the total value of $128 million were traded.
On this trading floor, more than 96,194 MT of bitumen, 63,157 MT of polymer products, 23,460 MT of VB feed stock as well as 11,000 MT of lube-cut oil, 21,356 MT of chemical products, 4,320 MT of sulfur, 1,092 MT of insulation, 1,357 MT of base oil and slack wax oil and 20 MT of argon were traded.
Moreover, on the agricultural trading floor of IME, 22,147 MT of various commodities worth over $12.5 million were traded. On this trading floor, 9,500 MT of wheat, 10,600 MT of sugar, 1,500 MT of crude vegetable oil and 547 MT of maize were traded by customers.
It is worth noting that during the last week the side market of IME witnessed trading of 1,035 MT of potash (potassium chloride), coconut powder as well as phosphate concentrate.