12% growth in trading volume on IME

Tehran (ISNA) - During weekdays ending up to February 1, while 553,170 MT of commodities worth over 338.4 million USD were traded in Iran Mercantile Exchange, trading volume and value experienced a growth of 12% and 5%, respectively.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 194,767 MT of various products worth close to 158 million USD were traded.

On this trading floor, 1,660 MT of aluminum, 188,665 MT of steel products, 3,190 MT of copper, 1,000 MT of cement, 190 MT of molybdenum concentrates, 12 MT of precious metal concentrates, 50 MT of zinc ingot as well as 10 kg of gold bullion were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 283,830 MT of different commodities with the total value of 156.5 million USD were traded.

On this trading floor, more than 127,740 MT of bitumen, 48,855 MT of polymer products, 60,510 MT of VB feed stock as well as 13,000 MT of lube-cut oil, 19,237 MT of chemical products, 12,610 MT of sulfur, 1,510 MT of insulation and 368 MT of heavy paraffin wax were traded.

Moreover, on the agricultural trading floor of IME, 70,291 MT of various commodities worth over 19.5 million USD were traded. On this trading floor, 45,300 MT of wheat, 20,841 MT of maize, 4,000 MT of crude vegetable oil as well as 150 MT of sugar were traded by customers.

It is worth noting that during this week; the side market of IME witnessed trading of 4,000 MT of palm oil and 282 MT of polyester threads grade A, B and WP.