Iran trades USD589M worth of commodities at IME in one week

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(MENAFN) Throughout the last Iranian calendar week (ended on Friday), 2,234,448 tons of commodities valued at USD589 million were exchanged at Iran Mercantile Exchange (IME).

As mentioned in reports by the IME’s Public Relations and International Affairs Department, the exchange traded on its metals as well as minerals trading level 1.972 million tons of commodities worth around USD380 million.

On this level, the IME’s clients bought 1,201,963 tons of cement, 391,000 tons of iron ore, 300,451 tons of steel, 60,000 tons of sponge iron, 13,475 tons of aluminum, 8,441 tons of copper, 1,185 tons of zinc, 140 tons of molybdenum concentrate, 30 tons of precious metals concentrate in addition to 3 kg of gold bars.

Moreover, the IME saw on both local and export rings of its oil and petrochemical exchange level 252,044 tons of commodities valued at over USD201 million.

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