Monthly trade value in IME hits $1,045mn

News ID: 3922987 -
TEHRAN, Mar. 04 (MNA) – During February 2017, Iran Mercantile Exchange played host to trading of 1,943 thousand tons of various commodities worth over 1,045 million USD in spot and side markets.

According to the report from IME International Affairs and PR, 1,943 thousand tons of different commodities were traded in domestic and export trading floors including 1,115 KT of various commodities worth more than 556 million USD in oil and petrochemical trading floor, 727 thousand tons of different products worth approximately 442 million USD in metals and minerals trading floor, and approximately 90 thousand tons of agricultural products worth 45 million USD in agricultural trading floor in the spot market.

Moreover, this month, the export trading floor witnessed trading of 243,310 MT of bitumen worth more than 73.3 million USD, 2,090 MT of insulation worth more than 770 thousand USD, 160,000 MT of iron ore worth approximately 8 million USD as well as 26,024 MT of sulfur worth over 1,161 thousand USD.

In addition, IME experienced trading of 10,790 MT of products worth 3 million USD in its side market during the same month.

It is worth noting, the derivatives market played host to the trading of 305,102 gold coin futures contracts worth over 1,303 million USD.

HA/PR

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