Economy

IME Touches higher records in value, volume of trades



(ISNA) – Within the week ending on July 29, 2022, the witnessed of 2,062,224 tonnes of commodities with total trading value of almost 437 million USD, logging growths of 8% and 6% in volume and value of traded compared with the week before that.

According to a report by the IME’s International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 1,632,000 tonnes of commodities valued at more than 232 million USD.

On this floor the IME sold 946,234 tonnes of cement, 391,000 tonnes of iron ore, 202,617 tonnes of steel, 31,500 tonnes of sponge iron, 30,000 tonnes of cast iron, 15,545 tonnes of zinc, 8,025 tonnes of , 8,015 tonnes of copper, 100 tonnes of molybdenum concentrate and 7 kg of bars.

Furthermore, the IME witnessed on both domestic and rings of its oil and petrochemical trading floor 424,839 tonnes of more than 199 million USD.

Commodities traded on this floor included 79,749 tonnes of polymeric products, 10,800 tonnes of vacuum bottom, 25,500 tonnes of lube cut, 26,292 tonnes of chemicals, 25,700 tonnes of sulfur, 3,652 tonnes of base oil, 225 tonnes of insulation and 154,732 tonnes of bitumen.

The IME also traded within the same week 5,343 tonnes of commodities on its side market.

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