IME trading grows by 124%

415,000 MT of commodities worth over $157 million were traded in Iran Mercantile Exchange (IME) early April, the value and volume of trading experienced a growth of 99% and 124% respectively.

According to the report from IME International Affairs and PR, last week, on the domestic and export metals and minerals pit of IME, 43,900 MT of various products worth close to $25 million were traded.

On this trading floor, 36,470 MT of steel products, 6,430 MT of copper products, 300 MT of aluminum, 60 MT of zinc, 500 MT of coke as well as 140 MT of molybdenum concentrate were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 371,187 MT of different commodities with the total value of $133 million were traded.

On this trading floor, more than 185,356 MT of bitumen, 57,393 MT of polymer products, 92,000 MT of VB, 19,000 MT of lube-cut oil, 15,528 MT of chemical products, 1,900 MT of sulfur and 10 MT of argon were traded.

Moreover, on the agricultural trading floor 150 MT of crude vegetable oil was traded by the customers.

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