Politics

IME witnesses trade of commodities worth $440 million



(ISNA) – Within a week ending on October 29th, 2021, the witnessed of 1,711,000 tonnes of commodities valued at 440 million USD on its physical market.

According to a report by the IME’s international affair and PR, within the week, the exchange traded 1,369,000 tonnes of almost 216 million USD.

On this floor, the IME’s customers purchased 1,000,050 tonnes of cement, 302,097 tonnes of , 2,380 tonnes of copper, 4,475 tonnes of , 18 tonnes of precious metals concentrate, 265 tonnes of zinc, 16 kg of gold bars and 20,000 tonnes of sponge iron.

Furthermore, the IME saw trade 331,457 tonnes of commodities on both domestic and pits of its oil and petrochemical trading floor valued more than 217 million USD.

Commodities sold on this floor included 98,000 tonnes of vacuum bottom, 74,906 tonnes of bitumen, 81,996 tonnes of polymeric products, 34,967 tonnes of chemicals, 34,000 tonnes of lube cut, 4,009 tonnes of base oil and 3,800 tonnes of sulfur.

Last but not least was the IME’s side market with 11,291 tonnes of commodities traded on it.

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