IME trades 404,000 tons of commodities in mid-May

News ID: 3979048 -
TEHRAN, May 15 (MNA) – During the week ending up to May 11, Iran Mercantile Exchange was the host for trading of more than 404,997 of various commodities worth over 247 million USD in spot and side markets.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 151,750 MT of various products worth close to 115 million USD were traded.

On this trading floor, 145,440 MT of steel products, 5,370 MT of copper, 760 MT of aluminum, 120 MT of molybdenum concentrates as well as 60 MT of zinc were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 229,567 MT of different commodities with the total value of 119 million USD were traded.

On this trading floor, more than 87,243 MT of bitumen, 52,765 MT of polymer products, 34,300 MT of VB feed stock as well as 19,800 MT of lube-cut oil, 23,091 MT of chemical products, 11,400 MT of sulfur, 350 MT of insulation and 621 MT of base oil and slack wax oil were traded.

Moreover, on the agricultural trading floor of IME, 21,870 MT of various commodities worth over 12 million USD were traded. On this trading floor, 9,500 MT of wheat, 11,125 MT of sugar, 900 MT of crude vegetable oil and 345 MT of maize were traded by customers.

It is worth noting that during the last week the side market of IME witnessed trading of 1,807 MT of potash (potassium chloride), coconut powder as well as scrap metal, sesame and phosphate concentrate.

HA/PR

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