Iran’s Mercantile Exchange (IME) traded more than 372,058 of various commodities worth over $207 million in spot and side markets in the third week of February.
According to the report from the IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of the IME, 60,673 MT of various products worth close to $53.8 million were traded.
On this trading floor, 46,707 MT of steel products, 13,160 MT of copper, 680 MT of aluminum, 120 MT of molybdenum concentrates, 6 MT of precious metal concentrates as well as 10 Kg of gold were traded.
The report declares that on domestic and export oil and petrochemical trading floors of the IME, 285,013 MT of different commodities with the total value of $139.7 million were traded.
On this trading floor, more than 102,395 MT of bitumen, 51,585 MT of polymer products, 59,000 MT of VB feed stock as well as 26,500 MT of lube-cut oil, 23,833 MT of chemical products, 19,100 MT of sulfur, 600 MT of insulation and 2,000 MT of slap waxes were traded.
Moreover, on the agricultural trading floor of the IME, 25,011 MT of various commodities worth over $13.3 million were traded. On this trading floor, 6,905 MT of maize, 9,750 MT of wheat, 1,450 MT of sugar, 700 MT of frozen chicken and 6,200 MT of crude vegetable oil, 6 MT of feed barley and 4 Kg of saffron were traded by the customers.
It is worth noting that during the last week the side market of the IME witnessed trading of 1,360 MT of ferrous scrap, potash (potassium chloride) and Holstein cattle genetic material.