Young Journalists Club | Latest news of Iran and world

News ID: 16411
Iran » Iran
Publish Date: 16:52 - 02 December 2017
TEHRAN, December 2 - 518,580 MT of commodities worth over $255 million were traded in Iran Mercantile Exchange (IME) as its trade volume experienced a growth of 7% over the last week of November.

IME trading ups by 7% in last week of NovemberTEHRAN, Young Journalists Club (YJC) - According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 183,687 MT of various products worth close to $74.8 million were traded.

On this trading floor, 110,000 MT of iron ore, 67,488 MT of steel products, 5,740 MT of copper, 130 MT of molybdenum concentrates, 9 MT of precious metal concentrates, 20 MT of aluminum 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, 274,009 MT of different commodities with the total value of $157.6 million were traded.

On this trading floor, more than 103,834 MT of bitumen, 58,830 MT of polymer products, 71,050 MT of VB feed stock as well as 21,000 MT of lube-cut oil, 16,960 MT of chemical products, 950 MT of sulfur, 966 MT of base oil and slack waxes and 420 MT of insulation were traded.

Moreover, on the agricultural trading floor of IME, 59,457 MT of various commodities worth over $14.8 million were traded. On this trading floor, 57,250 MT of wheat, 1,823 MT of maize as well as 385,000 day old chicks were traded by customers.

It is worth noting that during the last week of November, the side market of IME witnessed trading of 1,000 MT of frozen meat, 600 MT of palm oil, 69 MT of metal scrap, 40 MT of polyester thread grade WP and 16 MT of aniline.



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