A 90% growth in trade volume on IME

EghtesadOnline: During weekdays ending up to August 3, while approximately 828,190 MT of commodities worth over $ 349 million were traded in Iran Mercantile Exchange, the trade volume and trade value experienced a growth of 90% and 69%, respectively.

News ID: ۷۷۸۵۱۰

19 August 2017

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 314,003 MT of various products worth close to 144 million USD were traded, according to ISNA.

On this trading floor, 196,728 MT of steel products, 5,135 MT of copper, 140 MT of molybdenum concentrates as well as 6 MT of precious metal concentrates, 13 kg of gold bullion, 2,000 MT of aluminum and 110,000 MT of iron ore were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 402,223 MT of different commodities with the total value of 168.5 million USD were traded.

On this trading floor, more than 180,035 MT of bitumen, 62,817 MT of polymer products, 105,130 MT of VB feed stock as well as 17,500 MT of lube-cut oil, 24,920 MT of chemical products, 8,920 MT of sulfur, 851 MT of slack waxes and 1,049 MT of insulation were traded.

Moreover, on the agricultural trading floor of IME, 79,839 MT of various commodities worth over 28.3 million USD were traded. On this trading floor, 9,738 MT of feed barley, 55,527 MT of wheat, 11,075 MT of sugar, 2,860 MT of maize and 495 MT of frozen chicken as well as 143,000 day oil chicks were traded by customers.

It is worth noting that during the first days of August, the side market of IME witnessed trading of 20 cattle, 30,000 MT of feed barley, 190 MT of scrap metal, 2,175 MT of phosphate concentrates as well as 50 MT of polyester string.