TEHRAN – In the last Iranian calendar week (which ended on Friday), 2.008 million tons of goods worth more than $687 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 1.523 million tons of commodities worth nearly 380 million dollars.
On this floor, IME customers purchased 1,042,886 tons of cement, 217,582 tons of steel, 142,000 tons of iron ore, 88,500 tons of sponge iron, 14,720 tons of zinc, 11 200 tons of copper, 6,325 tons of aluminum, 450 tons of coke, 250 tons of lead, 150 tons of molybdenum concentrate, 24 tons of precious metals concentrate and 22 kg of gold bullion.
In addition, IME saw 427,496 tonnes of commodities traded on the national and export pits from its petroleum and petrochemical trading floor worth over $300 million.
Exchange customers bought on this floor 124,800 tons of vacuum bottom, 111,910 tons of bitumen, 88,262 tons of polymer products, 51,000 tons of lube cut, 37,021 tons of chemicals, 10,450 tons of sulfur , 4,139 tons of base oil and 90 tons of argon. .
Last but not least was the IME side market with 56,966 tonnes of commodities traded there.
As previously reported, the value of transactions at the Iran Mercantile Exchange increased by 102% and the volume of transactions on the exchange increased by 128% in the last Iranian calendar year 1400 (ending March 20), which was the highest level of growth in the world. the history of the Stock Exchange 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 of trade on the parallel market have 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).