News ID: 322537
Published: 0314 GMT June 25, 2022

IME weekly trade nears $640m

IME weekly trade nears $640m

The Iran Mercantile Exchange (IME) announced that over 2.3 million tons of commodities, valued at about $640 million, were traded in its domestic trading and export halls in the week closing on June 24.

A total of 2.1 million tons of various products, worth about $356 million, were traded at IME’s domestic and export metal and mineral trading hall, ime.co.ir reported on Saturday.

Among the traded products were 352,687 tons of steel, 18,500 tons of sponge iron, 291,000 tons of iron ore, 930 tons of zinc, 7,600 tons of aluminum ingots, 150 tons of molybdenum concentrate and 4kg of gold as well as 1.4 million tons of cement.

In addition, 166,849 tons of various commodities, valued at about $153 million, were traded at IME’s domestic and export oil and petrochemical trading halls.

Other traded items were 33,207 tons of bitumen, 87,750 tons of polymer products, 36,863 tons of chemical products, 3,247 tons of base oil and 600 tons of sulfur.

The IME was set up in 2007 in accordance with Article 95 of the Law of the Securities Market of the Islamic Republic of Iran, following the merger of agricultural and metal stock exchanges of Tehran.

 

   
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