Young Journalists Club | Latest news of Iran and world

News ID: 6985
Iran » Iran
Publish Date: 19:02 - 01 January 2017
The Iran Mercantile Exchange (IME) traded 2,270 KT of various commodities worth over $1,087 million USD in spot and side markets in December.
IME trading hits $1,087 mln in DecemberAccording to the report from IME International Affairs and PR, 2,270 KT of different commodities were traded in domestic and export trading floors, including 1,396 KT of various commodities worth more than $604 million in oil and petrochemical trading floor, 681 KT of different products worth approximately $420 million in metals and minerals trading floor, and approximately 186 KT of agricultural products worth $60 million in agricultural trading floor in the spot market.

Moreover, during the period, the export trading floor witnessed trading of 469,318 MT of bitumen worth more than $123 million, 2,942 MT of insulation worth more than $1,291 thousand, 165,000 MT of iron ore worth approximately $7.5 million,  1,000 MT of lube cut oil worth over $431,266 as well as 5,000 MT of VB feed stock worth more than $877,127.
In addition, the IME experienced trading of 6,812 MT of products worth $3,859 thousand in its side market during the same month.

It is worth noting, the derivatives market played host to the trading of 365,266 gold coin futures contracts worth over $1,407 million.

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