IME sees 73% growth late February

News ID: 3568772 -
TEHRAN, Feb. 28 (MNA) – 647,223 metric tons of commodities worth $201mn have been traded in Iran Mercantile Exchange, which shows a growth of 56 per cent and 73 per cent, respectively.

According to the report by IME International Affairs and PR, last week, on the domestic and export metals and minerals pit of IME, 259,564 metric tons (MT) of various products worth almost $89mn were traded. On this trading floor, 135,268 MT of steel products, 110 KT (metric kiloton) of iron ore, 10,690 MT of copper products, 3,400 MT of aluminum, 140 MT of molybdenum concentrate as well as 20 kg of gold bullion were traded.

The report also said that on domestic and export oil and petrochemical trading floors of IME, 381,374 MT of different commodities with the total value of $111mn were traded. On this trading floor, more than 148,239 MT of bitumen, 53,995 MT of polymer products, 87,610 MT of vacuum bottom, 20,160 MT of lube-cut oil, 19,599 MT of chemical products, 325 MT of insulation, 48,416 MT of sulfur, 30 MT of argon and 3 KT of slaps waxes were traded.

On the agricultural trading floor, 170 MT of sugar, 300 MT of crude vegetable oil and 3,500 MT of maize, 1 KT of wheat alongside with 15 MT of meals were traded by the customers. Based on the report, during last week, trading volume for groups including polymer, vacuum bottom, sulfur, chemical products, slaps waxes, gases, aluminum, steel, gold, iron ore, copper, zinc, wheat and maize experienced a significant growth.

MNA/PS

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