Commodities worth $413 million traded at IME in one week

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As reported by the EMI’s Public Relations and International Affairs Department, the exchange traded on its metals and minerals trading floor 1.685 million tons of commodities worth nearly 260 million dollars.

On this floor, the IME sold 874,842 tons of cement, 531,000 tons of iron ore, 200,460 tons of steel, 63,500 tons of spongy iron, 710 tons of zinc, 12,650 tons of aluminum, 4,100 tonnes of copper, 30 tonnes of precious metal concentrate, 1,000 tonnes of coke and 6 kg of gold bullion.

In addition, the IME saw on the domestic and export circuits of its oil and petrochemical floor 203,116 tons of raw materials worth more than 148 million dollars.

Raw materials traded on this stage included 74,818 tons of polymer products, 4,200 tons of vacuum bottoms, 32,000 tons of lube cut, 34,191 tons of chemicals, 110 tons of sulfur, 2,953 tons of base oil and 54,360 tonnes of bitumen.

The IME also traded during the same week 6,034 tonnes of raw materials on its parallel market.

As previously reported, 8.849 million tons of goods worth over $2.2 billion were traded at the EMI in Iran’s last calendar month, Khordad (ended July 22), the third of the Iranian calendar year.

The exchange saw on the domestic and export pits of its oil and petrochemical trading floor trade 1.121 million tonnes of commodities valued at over $784 million.

IME customers purchased on this floor 201,350 tons of vacuum bottom, 275,059 tons of bitumen, 316,753 tons of polymer products, 148,500 tons of lubricating cutting, 161,706 tons of chemical products, 4,605 ​​tons of sulfur, 13,456 tons of oil, 110 tons of argon, 1,000 tons of slops wax and 755 tons of insulation.

In addition, the exchange traded on its metals and minerals trading floor 7.696 million tonnes of commodities worth over $1.4 billion.

Items traded on this floor included 4,352,000 tons of cement, 1,428,000 tons of steel, 1,551,000 tons of iron ore, 273,500 tons of sponge iron, 36,225 tons of aluminum, 41,400 tons of zinc, 20,910 tonnes of copper, 510 tonnes of molybdenum concentrate, 1,000 tonnes of coke, 60 tonnes of lead, 60 tonnes of precious metal concentrate and 57 kg of gold bullion.

The last was the IME parallel market on which the exchange traded 31,660 tons of goods.

The value of transactions at the Iran Mercantile Exchange increased by 102% and the volume of transactions at the exchange increased by 128% in the last Iranian calendar year 1400 (ending March 20), which was the level of the highest growth in the history of the stock market. since its creation.

Statistical data shows that over the past year, in addition to new records in the volume and value of trade in different commodities, 10 major records in the total value and trade in the physical market were recorded. So that in addition to the total value of trade, the volume and value of trade in the physical market, the volume and value of trade in industrial and petrochemical products, the value of trade in petroleum products and the volume and value trading on the parallel market all reached record highs.

IME is one of the four major stock exchanges in Iran, the other three markets are Tehran Stock Exchange (TSE), Iran Over-the-Counter (OTC) market also known as Iran Fara Stock Exchange (IFB) and Iran Energy Exchange (IRENEX).
Source: Tehran Times

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