Young Journalists Club | Latest news of Iran and world

News ID: 17897
Iran » Iran
Publish Date: 16:28 - 14 January 2018
TEHRAN, January 14 - 640,724 MT of commodities worth over $305.6 million were traded in Iran Mercantile Exchange (IME) over the second week of January, trading volume and value experienced a growth of 44% and 6%, respectively.

IME trading ups by 44% in second week of JanuaryTEHRAN, 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, 268,862 MT of various products worth close to $124 million were traded.

On this trading floor, 200 MT of aluminum, 153,299 MT of steel products, 110,000 MT of iron ore, 5,185 MT of copper, 160 MT of molybdenum concentrates, 18 MT of precious metal concentrates 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, 260,524 MT of different commodities with the total value of $144.4 million were traded.

On this trading floor, more than 71,300 MT of bitumen, 56,442 MT of polymer products, 67,000 MT of VB feed stock as well as 21,000 MT of lube-cut oil, 21,802 MT of chemical products, 22,000 MT of sulfur, 500 MT of insulation, 460 MT of heavy paraffin wax and 20 MT of argon gas were traded.

Moreover, on the agricultural trading floor of IME, 110,767 MT of various commodities worth over $36 million were traded. On this trading floor, 63,950 MT of wheat, 33,741 MT of maize, 12,900 MT of crude vegetable oil, 50 MT of sugar as well as 126,000 day old chicks were traded by customers.

It is worth noting that during this week, the side market of IME witnessed trading of 100 MT of phosphate concentrates and 470 MT of polyester threads.



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