Commodities worth over $485 million traded at IME in one week

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TEHRAN – In the last Iranian calendar week (which ended on Friday), 2.056 million tons of goods worth more than $485 million were traded on the Iran Mercantile Exchange (IME).

As reported by the EMI’s Public Relations and International Affairs Department, the exchange traded on its metals and minerals trading floor 1.669 million tonnes of commodities worth nearly 279 million dollars.

Goods sold on this floor included 1,035,636 tons of cement, 270,000 tons of iron ore, 268,573 tons of steel, 76,000 tons of sponge iron, 8,875 tons of zinc, 5,850 tons of aluminum , 4,570 tons of copper, 200 tons of molybdenum concentrate, 39 tons of precious metal concentrate, 27 kg of gold bars and 481 Haima SUV automobiles.

In addition, the IME saw on the national and export pits of its petroleum and petrochemical trading floor 384,905 tons of raw materials worth nearly $204 million.

IME customers purchased on this floor 92,276 tons of polymer products, 93,000 tons of vacuum bottoms, 38,000 tons of lube cutting, 34,058 tons of chemicals, 11,700 tons of sulfur, 3,948 tons of base oil, 340 tonnes of insulation and 110,295 tonnes of bitumen. .

Last but not least was the IME side market with 1,752 tons of commodities traded there.

As previously reported, 10.311 million tons of goods worth $2.2 billion were traded at the Iran Mercantile Exchange in the last Iranian calendar month Mordad (ended August 22).

The exchange traded on the domestic and export rings of its oil and petrochemical trading floor 1.827 million tonnes of commodities valued at more than $864 million.

IME customers purchased on this floor 547,600 tons of vacuum bottom, 532,275 tons of bitumen, 321,756 tons of polymer products, 149,500 tons of lubricating cutting, 134,590 tons of chemical products, 110,125 tons of sulphur, 22,017 tons of oil, 2,000 tons of slops wax and 1,300 tons of insulation.

Additionally, the exchange saw the trade of 8.443 million tonnes of commodities worth over $1.4 billion on its metals and minerals trading floor.

Items traded on this floor included 4,231,000 tons of cement, 1,253,000 tons of steel, 2,374,000 tons of iron ore, 371,500 tons of sponge iron, 46,555 tons of aluminum, 114,875 tons of zinc, 25,701 tons of copper, 730 tons of molybdenum concentrate, 500 tons of coke, 60 tons of precious metal concentrate, 91 kg of gold bars and 600 worthy and faithful SUV cars.

The IME also traded 40,997 tons of raw materials on its parallel market during the month.

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 various commodities, 10 major records in 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).

MOM

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