News ID: 324340
Published: 0354 GMT September 28, 2022

IME monthly trade exceeds $2.4b

IME monthly trade exceeds $2.4b

The Iran Mercantile Exchange announced that more than 9.8 million tons of commodities, valued at over $2.4 billion, were traded in its domestic trading and export halls during the month to September 22.

In IME’s domestic and export metal and mineral trading hall, some 8.2 million tons of various products, worth more than $1.5 billion, were traded, reported.

At the trading hall, over 1.7 million tons of steel, nearly 4.4 million tons of cement, more than 1.5 million tons of iron ore, some half a million tons of sponge iron, almost 25,000 tons of copper, 36,000 tons of aluminum, 74,400 tons of zinc, 790 tons of molybdenum concentrate, 72 tons of precious metals concentrate, 200 tons of coke and 92 kilograms of gold were traded.

A sum of 1.6 million tons of various commodities, valued at over $882 million, were traded at IME’s domestic and export oil and petrochemical trading halls.

In addition, nearly 430,000 tons of vacuum bottom, some 440,000 tons of bitumen, around 143,000 tons of lube cut, about 425,000 tons of polymer products, almost 140,000 tons of chemical products, some 19,000 tons of oil, 25,900 tons of sulfur and about 2,000 tons of insulation were traded.

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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