IME trade volume grows by 17%
During weekdays ending up to 19 October, 604,409 MT of commodities worth over $281 million were traded in Iran Mercantile Exchange, showing a growth of 17% in trade volume.
Publish date : Monday 23 October 2017 11:30
According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 281,769 MT of various products worth close to 126.5 million USD were traded.
On this trading floor, 110,000 MT of iron ore, 169,080 MT of steel products, 1,040 MT of aluminum, 9 MT of precious metals concentrates as well as 1,500 MT of copper, 140 MT of molybdenum concentrates and 5 kg of gold bullion were traded.
The report declares that on domestic and export oil and petrochemical trading floors of IME, 271,162 MT of different commodities with the total value of 138.9 million USD were traded.
On this trading floor, more than 98,628 MT of bitumen, 56,335 MT of polymer products, 68,000 MT of VB feed stock as well as 14,000 MT of lube-cut oil, 25,124 MT of chemical products, 7,470 MT of sulfur, 506 MT of base oil and 1,100 MT of insulation were traded.
Moreover, on the agricultural trading floor of IME, 50,943 MT of various commodities worth over 15.4 million USD were traded. On this trading floor, 48,250 MT of wheat, 7,150 MT of sugar, 193,000 day old chicks as well as 350 MT of meals were traded by customers.
It is worth noting that during the last week of September, the side market of IME witnessed trading of 295 MT of metal scrap, 175 MT of phosphate concentrate, 25 MT of locomotive oil, as well as 40 MT of polymeric methylene diphenyl diisocyanate.