TEHRAN – In the last Iranian calendar week (which ended on Friday), 2,234,448 tons of goods worth $589 million were traded on the Iran Mercantile Exchange (IME).

As EMI’s Public Relations and International Affairs Department reported, the exchange traded on its metals and minerals trading floor 1.972 million tonnes of commodities valued at nearly $380 million.

On this floor, IME customers purchased 1,201,963 tons of cement, 391,000 tons of iron ore, 300,451 tons of steel, 60,000 tons of sponge iron, 13,475 tons of aluminum, 8,441 tons of copper, 1,185 tons of zinc, 140 tons of molybdenum concentrate. , 30 tonnes of precious metal concentrate and 3 kg of gold bullion.

In addition, the IME saw on the domestic and export circuits of its petroleum and petrochemical floor 252,044 tons of raw materials worth more than 201 million dollars.

Exchange customers bought on this floor 88,445 tons of polymer products, 44,861 tons of bitumen, 12,000 tons of lubricant cutting, 63,300 tons of vacuum bottom, 30,850 tons of chemicals, 6,885 tons of sulfur , 6,200 tons of base oil and 50 tons of argon. .

Last but not least was the IME side market with 9,719 tonnes of commodities traded there.

As previously reported, 7.939 million tons of goods worth more than 665 trillion rials (approximately $2.519 billion) were traded at the Iran Mercantile Exchange during the last Iranian calendar month Ordibehesht (ending 21 May), the second month of the Iranian calendar year.

Trades show 11% and 9% growth in value and weight, respectively, from the first month.

Some 6.68 million tons of commodities valued at more than 403 trillion rials (about $1.55 billion) were traded on the metals and minerals trading floor.

In addition, IME saw 1.215 million tonnes of commodities traded on domestic and export wells from its petroleum and petrochemical trading floor valued at 249 trillion rials (approximately $956 million).

IME’s Agricultural Commodities Trading Room hosted trades of five tons of saffron in the second month.

Last but not least was the IME side market with 43,644 tonnes of commodities traded there.

The value of transactions at the Iran Mercantile Exchange increased by 102% and the volume of transactions at the exchange increased by 128% in the last Iranian calendar year 1400 (ending March 20), which was the level of highest growth in the history of the exchange since its inception.

Statistical data shows that over the past year, in addition to new records in the volume and value of trade in different commodities, 10 major records in the total value and trade in the physical market were recorded. So that in addition to the total value of trade, the volume and value of trade in the physical market, the volume and value of trade in industrial and petrochemical products, the value of trade in petroleum products and the volume and value trading on the parallel market all reached record highs.

IME is one of the four major stock exchanges in Iran, the other three markets are Tehran Stock Exchange (TSE), Iran Over-the-Counter (OTC) market also known as Iran Fara Stock Exchange (IFB) and Iran Energy Exchange (IRENEX).

MOM