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Happened on the Last Week of July:

Trading 435 thousand tonnes of Commodities on IME

Jul 29, 2017, 12:58 PM
News ID: 17937

EghtesadOnline: During weekdays ending up to July 27, approximately 435,440 MT of commodities worth over 206.4 million USD were traded in Iran Mercantile Exchange.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 57,068 MT of various products worth close to 45 million USD were traded.

On this trading floor, 51,827 MT of steel products, 5,095 MT of copper,140 MT of molybdenum concentrates as well as 6 MT of precious metal concentrates were traded, according to ISNA.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 337,627 MT of different commodities with the total value of 144.3 million USD were traded.

On this trading floor, more than 114,364 MT of bitumen, 55,964 MT of polymer products, 107,320 MT of VB feed stock as well as 17,750 MT of lube-cut oil, 25,739 MT of chemical products, 14,960 MT of sulfur, 1,150 MT of slack waxes, 740 MT of insulation and 30 MT of argon were traded.

Moreover, on the agricultural trading floor of IME, 37,522 MT of various commodities worth over 16.5 million USD were traded. On this trading floor, 9,632 MT of feed barley, 18,204 MT of wheat, 6,600MT of sugar, 1,570 MT ofmaize and 1,485 MT of frozen chicken as well as 30,000 day oil chickswere traded by customers.

It is worth noting that during the last week of July the side market of IME witnessed trading of 446 MT of scrap metal, 2 MT empty barrels, 50 MT of used engine oil, 100 MT of raw milk, 2,425 MT of phosphate concentrate and 200 MT of sulfate.