IME experiences 50% growth early February

TEHRAN, Feb. 06 (MNA) – During weekdays ending up to February 2, while 450,150 MT of commodities worth over 247.2 million USD were traded in Iran Mercantile Exchange (IME), trading volume and value experienced a growth of 50.8% and 45.2%, respectively.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 111,420 MT of various products worth close to 85 million USD were traded, declaring a growth of 162% and 78% in volume and value of trading on this trading floor compared to the last week, respectively.

On this trading floor, 104,527 MT of steel products, 6,490 MT of copper, 120 MT of aluminum, 120 MT of molybdenum concentrates, 3 MT of precious metals concentrates and 60 MT of zinc ingot were traded, declaring a growth of 198% and 20% in volume of trading steel and copper compared to the last week, respectively.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 302,533 MT of different commodities with the total value of 145 million USD were traded, declaring a growth of 47% and 35% in volume and value of trading on this trading floor compared to the last week, respectively.

On this trading floor, more than 146,511 MT of bitumen, 54,626 MT of polymer products, 61,910 MT of VB feed stock as well as 18,000 MT of lube-cut oil, 17,175 MT of chemical products, 1,960 MT of sulfur, 321 MT of insulation and 30 MT of argon were traded.

Moreover, on the agricultural trading floor of IME, 35,291 MT of various commodities worth over 16.3 million USD were traded. On this trading floor, 22,776 MT of maize, 4,000 MT of wheat, 1,900 MT of rice, 1,900 MT of sugar and 4,500 MT of crude vegetable oil were traded by the customers.

It is worth noting that during the last week the side market of IME witnessed trading of 172,000 day old chicks, 104 MT of powdered coconut, 500 MT of tomato paste, 40 MT of high carbon ferrochrome as well as 70 MT of polyester string.

HA/PR

News Code 123312

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