IME Trades over 2.9 Million Tons of Commodities
The exchange saw on its metals and minerals trading floor trade of 2,353,072 tons of commodities valued at nearly $405 million, said a report by the IME's International Affairs and PR.
On this floor the IME sold 1,248,560 tons of cement, 492,000 tons of iron ore, 440,527 tons of steel, 154,000 tons of sponge iron, 56,035 tons of zinc, 9,095 tons of copper, 7,600 tons of aluminum, 2,125 tons of cast iron, 200 tons of molybdenum concentrate and 100 tons of lead.
Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 548,117 tons of commodities worth more than $233 million.
Commodities traded on this floor included 190,000 tons of vacuum bottom, 161,447 tons of bitumen, 95,910 tons of polymeric products, 51,900 tons of lube cut, 28,876 tons of chemicals, 8,485 tons of sulfur, 4,649 tons of oil, 1,000 tons of slop wax, 430 tons of feedstocks and 200 tons of waterproofing materials.
The IME also traded within the same week 10 tons of goods on its side market.
IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).
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