TEHRAN- During the previous Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) witnessed trade of 2,846,645 lots of commodities with a total trading worth of almost $972 million, publishing growths of 36 percent in volume and 20 percent in worth of trades compared to the figures of the previous week.As reported by the IMEs Public Relations and International Affairs Department, the exchange traded on its metals and minerals trading floor 2,363,286 lots of products valued at more than $693 million.Commodities sold on this floor consisted of 1,027,702 tons of cement, 720,000 tons of iron ore, 636,279 lots of steel, 28,800 lots of zinc, 10,705 lots of aluminum, 7,870 lots of copper and 200 tons of molybdenum concentrate.Furthermore, the IME saw on both domestic and export pits of its oil and petrochemical trading flooring 411,505 lots of products worth more than $243 million.The IMEs clients acquired on this flooring 108,813 tons of polymeric products, 99,494 lots of bitumen, 94,000 tons of vacuum bottom, 43,000 tons of lube cut, 39,453 tons of chemicals, 23,680 lots of sulfur, 4,242 tons of base oil, 604 lots of petroleum products and 200 tons of insulation.Last but not least was the IMEs side market with 50,043 lots of commodities traded on it.As formerly reported, 8,776,034 tons of commodities worth over $3 billion were traded at Iran Mercantile Exchange during the previous Iranian calendar month Dey (ended on January 20).
The exchange saw on both domestic and export pits of its oil and petrochemical trading flooring, trade of 1,589,743 lots of commodities valued at more than $911 million.The IMEs clients bought on this floor 377,000 lots of vacuum bottom, 508,989 tons of bitumen, 383,683 tons of polymeric products, 144,560 lots of chemicals, 129,100 lots of lube cut, 20,535 lots of sulfur, 21,552 lots of oil, 6,524 tons of petroleum products, 560 tons of insulation and 740 tons of feedstocks.Moreover, the exchange saw trade of 7,017,408 tons of products and 28,455 automobiles worth more than $2 billion on its metals and minerals trading floor.Items traded on this flooring included 4,071,313 tons of cement, 1,173,000 tons of iron ore, 1,483,512 tons of steel, 262,075 tons of zinc, 69,325 lots of aluminum, 42,000 tons of sponge iron, 30,178 tons of copper, 2,000 lots of coke, 800 tons of molybdenum concentrate, 550 lots of lead, 42 tons of rare-earth elements focus and 45 kg of gold bars.Last was the IMEs side market on which the exchange traded 168,882 tons of commoditiesThe worth of trades at Iran Mercantile Exchange increased 102 percent, and the volume of trades at the exchange increased 128 percent in the previous Iranian calendar year 1400 (ended on March 20, 2022), which was the highest level of development in the history of the exchange since its establishment.Statistical data reveal that in the previous year, in addition to new records in the volume and value of trades of various products, 10 significant records in overall value and physical market trades were signed up.
In a way that besides the overall worth of trades, the volume and value of physical market trades, the volume, and worth of industrial items and petrochemicals trades, the value of oil products trades and the volume and value of side market trades all hit records.IME is among the four significant stock markets of Iran, the other 3 markets are Tehran Stock Exchange (TSE), Irans over the counter (OTC) market understood likewise as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).
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