Iranian-Mercantile-Exchange

IME trading ups by 90 percent

 TEHRAN (ISNA)- Iranian Mercantile Exchange (IME) experienced 90% growth in trading volume.

During the week ending up to 11th June, the IME witnessed 568 KT of various commodities with the total value of more than $263 million in spot markets which shows growth in volume and value for 90% and 50% respectively.

According to the report from IME international affairs and PR, during this week in agricultural trading floor, 5,850 MT of sugar, 21,435 MT of maize, 3,810 MT of rice and 500MT wheat were traded.

Moreover, in Domestic and Export metals and minerals trading floor of IME, 286 KT of products with the total value of more than $126 million were traded. In this floor, 177 KT of steel sections, 100 KT of iron ore, 4,550 T of copper, 140 T of Molybdenum Concentrate, 4,080 T Aluminums, as well as 25 kg of Gold bullion, were traded by customers.

Also, in Domestic and Export oil and petrochemical trading floor of IME, 249 KT of different commodities with the total value of $121 million were sold. In this floor, 82 KT of bitumen, 32 KT of polymer products, 106 KT of VB, 10 KT of lube-cut, 13 KT of chemical products, 708 MT of insulation, 3,570 MT of sulfur and 50 MT of feedstock were traded in this trading floor.

It is worth noting, trading in VB, Bitumen, insulation, chemicals, sugar, rice, copper, Molybdenum Concentrate and steel has experienced growth during this week

By ISNA