Over January; 30 pct growth in trading value on IME

Tehran (ISNA) - At the End of January, while different trading floors of Iran Mercantile Exchange witnessed trading of more than 2 million and 611 thousand tonnes of commodities worth over 1,531 million USD, the trading volume and value experienced a growth of 27% and 30%, respectively.

According to the report by the IME’s International Affairs and PR, during the last month, the oil and petrochemical trading floor of IME played host to trading of 1,225,455 MT of commodities worth more than 721 million USD.

On this trading floor, more than 392,729 MT of bitumen, 273,902 MT of polymer products and 94,178 MT of chemical products, 392,585 MT of VB feed stock, 84,000 MT of lube cut oil, 40,910 MT of sulfur, 3,780 MT of insulation, 3,200 MT of slaps waxes and 3,151 MT of paraffin waxes were traded by customers.

The metal and mineral trading floor witnessed trading over 942,344 MT of commodities worth more than 670.6 million USD. On this trading floor 793,736 MT of steel, 21,445 MT of copper, 590 MT of molybdenum concentrates, 63 MT of precious metals concentrates, 60 kg of gold bullion, 50 MT of zinc, 110,000 MT of iron ore, 8,360 MT of aluminum as well as 8,100 MT of cement were traded by customers.

The report declares that the agricultural trading floor witnessed trading of more than 429,159 MT of commodities worth 127.7 million USD. Based on the report, 513,000 day old chicks, 274,300 MT of wheat, 350 MT of sugar, 121,506 MT of maize, 890 MT of frozen chicken and 31,600 MT of crude vegetable oil were traded on this trading floor.

The side market of IME experienced trading of 8,500 MT of palm oil, 3,488 MT of metal scrape, 75 MT of steel scrape, 25 MT of used locomotive engine oil, 1,950 MT of polyester thread, 100 MT of phosphate concentrates and 3.4 MT of empty barrels.

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