According to a report by the IME’s International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,121,000 tons of commodities valued at more than $356m.

On this floor the IME sold 1,457,000 tons of cement, 352,687 tons of steel, 291,000 tons of iron ore, 18,500 tons of sponge iron, 930 tons of zinc, 7,600 tons of aluminum, 6,501 tons of copper, 150 tons of molybdenum concentrate, 30 tons of precious metals concentrate and 4 kg of gold bars.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 166,849 tons of commodities worth almost $153m.

Commodities traded on this floor included 87,750 tons of polymeric products, 4,000 tons of vacuum bottom, 1,000 tons of lube cut, 36,863 tons of chemicals, 600 tons of sulfur, 3,247 tons of base oil, 110 tons of feed gas, 33,207 tons of bitumen and 575 tons of insulation.

Based on this report, on the IME’s agricultural trading floor, customers purchased 2 tons of saffron.

The IME also traded within the same week 18,712 tons of commodities on its side market.

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As reported by the IME’s Public Relations and International Affairs Department, 1.026 million tons of commodities worth over $555 million was traded at the exchange, showing 14 percent and 99 percent growth in volume and value of trades, respectively, as compared to the previous week.

As reported, IME sold 603,573 tons of commodities on its metals and minerals trading floor worth more than $345 million.

On this floor the IME traded 369,793 tons of steel, 5,200 tons of copper, 7,075 tons of aluminum, 120 tons of molybdenum concentrate, 30 tons of precious metals concentrate, 85,000 tons of zinc dust, 210 tons of zinc ingots, 105,670 tons of cement, 25,000 tons of iron ore, 24 kg of gold bars and 5,500 tons of DRI.

The next trading floor was the oil and petrochemical on which the exchange saw trade of 390,250 tons of commodities valued at more than $194 million.

Commodities purchased on this floor included 99,9540 tons of vacuum bottom, 113,850 tons of bitumen, 78,200 tons of polymeric products, 33,695 tons of chemicals, 55,500 tons of lube cut, 2,338 tons of base oil, 50 tons of argon, 290 tons of insulation and 5,100 tons of sulfur.

It’s worth noting that the IME played host to trade of 32,492 tons of commodities on its side market as well.

As previously reported, during the past Iranian calendar month (June 22-July 22), 4.21 million tons of commodities worth $1.56 billion were traded at Iran Mercantile Exchange.

The volume of traded commodities shows an 11-percent growth on a monthly basis.

The exchange played host to trading 2.555 million tons of commodities on its metals and minerals trading floor, valued at more than $830 million.

On this floor, the exchange saw trades of 821,176 tons of steel, 1,252,000 tons of cement, 15,785 tons of copper, 490 tons of molybdenum concentrate, 63 tons of precious metals concentrate, 21,495 tons of aluminum, 280,500 tons of iron ore, 107,785 tons of zinc, 400 tons of coke, 16,000 tons of cast iron, 47,500 tons of sponge iron and 34 kg of gold bars.

Furthermore, there were 1,449,000 tons of commodities sold on both domestic and export pits of the IME’s oil and petrochemical trading floor with a total trading value of more than $717 million.

The IME’s customers purchased on this floor 349,831 tons of bitumen, 320,321 tons of polymeric products, 125,773 tons of chemicals, 15,908 tons of base oil, 100 tons of slops wax, 492,350 tons of vacuum bottom, 27,025 tons of sulfur, 450 tons of argon, 1,030 tons of insulation and 113,000 tons of lube cut.

It’s worth noting that there was 16,605 tons of various types of commodities traded on the IME’s side market.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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As reported by the IME’s Public Relations and International Affairs Department, in the past week, 1.322 million tons of commodities with a total trading value of $486 million were traded at the exchange, showing also a 30-percent growth in terms of the volume of traded commodities.

The exchange sold on its metals and minerals trading floor 945,515 tons of commodities valued at nearly $305 million.

Commodities traded on this floor included 342,413 tons of steel, 3,32 tons of copper, 5,450 tons of aluminum, 27 tons of precious metals concentrate, 28,605 tons of zinc, 475,750 tons of cement, 10 kg of gold bars, 13,000 tons of sponge iron and 80,000 tons of iron ore.

Furthermore, the IME saw trade of 372,006 tons of commodities on both export pits of its oil and petrochemical trading floor with a total trading value of more than $179 million.

The IME’s customers purchased on this floor 93,500 tons of vacuum bottom, 109,405 tons of bitumen, 84,402 tons of polymeric products, 30,739 tons of chemicals, 32,000 tons of lube cut, 3,795 tons of base oil, 110 tons of argon, 25,500 tons of sulfur and 260 tons of insulation.

It’s worth noting that the IME also played host to trading 5,080 tons of commodities on its side market

As previously reported, the value of trade at Iran Mercantile Exchange rose eight percent during the past Iranian calendar month (May 22-June 21).

More than 3.623 million tons of commodities worth over $1.88 billion was traded at the exchange in the past month, indicating also 22 percent growth in terms of weight as compared to its preceding month.

The IME sold on its metal and mineral trading floor 1.816 million tons of commodities worth almost $1.076 billion.

Commodities traded on this floor included 979,170 tons of various types of steel, 550, 280 tons of cement, 26,060 tons of copper, 690 tons of molybdenum concentrate, 129 tons of precious metals concentrate, 31,245 tons of aluminum, 165,000 tons of iron ore, 33,705 tons of zinc, 400 tons of metallurgical coke, 60,000 tons of sponge iron, 250 tons of lead and 13 kg of gold bars.

Furthermore, the exchange played host to trading of 1.74 million tons of commodities on both domestic and export pits of its oil and petrochemical trading floor valued at more than $795 million.

The IME’s customers purchased on this floor 492,393 tons of various grades of bitumen, 319,550 tons of polymeric products, 159,480 tons of chemicals, 19,834 tons of oil, 540,400 tons of vacuum bottom, 42,630 tons of sulfur, 450 tons of argon, 550 tons of insulation and 157,000 tons of lube cut.

There were also 6,316 tons of commodities traded on the IME’s side market.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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Speaking in the inaugural ceremony for launching gold investment fund futures and trade of cement in the physical market, Soltaninejad said today IME is a festivity for the launch of trade of a commodity which has been anticipated for long.

He went on to say that currently one is witnessing a growing trend on the IME through the assistance of all pillars of the capital market, and added the value of trade of commodities last year was about 350,000b tomans and it set a new record for tonnage of products comparing to the activities of the total IME activities in the past years.

Soltaninejad noted that last year, IME saw the trade of 33.4m tons of commodities worth of 312,000b tomans on its physical ring which was an unprecedented figure in the total history of activities of the IME.

He said major part of this success is indebted to the efforts of all pillars of capital markets, adding that we had never seen a discipline before in offering the regulating market products on the IME and for this reason we see the growth in trade on the IME and capital market.

Touching upon this year’s growth of trade on IME, he said in the first quarter of the Iranian calendar year, IME has seen the growth of trade in a way that on last Wednesday, some 10.6m tons of commodities was traded on the IME which indicates the growth of trade in this market.

He said the increase in the trade on the IME indicates the support of all pillars of the capital market from not commanding the pricing and trade of commodities on the IME scene.

Soltaninejad went on to say that the IME has seen some new records in offering industrial and mineral products in a way that it had never seen such an amount of growth in the past.

He added that to diversify services for activists in the financial market, the IME has completed the infrastructures for futures contacts of the investment fund for gold which the trade of this tool will kick off this year.

Gold coin deposit certificate is a tool wherein people deposit their gold coins in the banks and trade them in the capital market under a framework provided by the IME.

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As reported by the IME’s Public Relations and International Affairs Department, in the past week, 824,288 tons of commodities with a total trading value of $384 million were traded at the exchange, showing also a 31-percent growth in terms of the volume of traded commodities.

The exchange sold on its metal and mineral trading floor 438,651 tons of commodities worth more than $216 million.

Commodities traded on this floor included 185,564 tons of steel, 4,720 tons of copper, 8,850 tons of aluminum, 250 tons of molybdenum concentrate, 400 tons of metallurgical coke, 12 tons of precious metal concentrate, 585 tons of zinc ingots, 194,270 tons of cement, 11 kg of gold bars, 9,000 tons of sponge iron and 35,000 tons of iron ore pellets.

Moreover, the IME saw trade of 383,664 tons of commodities on its oil and petrochemical trading floor valued at nearly $167 million.

Based on this report, the IME’s customers purchased on this floor, 85,000 tons of vacuum bottom, 154,368 tons of bitumen, 66,580 tons of polymeric products, 31,155 tons of chemicals, 38,000 tons of lube cut, 110 tons of argon, 1,270 tons of sulfur, 455 tons of insulation, 1,976 tons of PDA TAR and 4,750 tons of base oil & slack wax,

Also, the exchange played host to trading of 1,973 tons of commodities on its side market.

As previously reported, the value of trades at Iran Mercantile Exchange rose 16 percent in the past Iranian calendar month (ended on May 21).

As reported by the IME’s Public Relations and International Affairs Department, 2.925 million tons of commodities valued at $1.828 billion were traded at the exchange in the previous month, indicating also a six-percent rise in terms of weight.

The IME witnessed trades of 1.464 million tons of commodities worth more than $1.044 billion on its mineral and industrial trading floor.

On this floor the exchange traded 1.189 million tons of steel, 12,780 tons of copper, 480 tons of molybdenum concentrate, 48 tons of precious metals concentrate, 11,690 tons of aluminum, 239,000 tons of iron ore, 1,000 tons of zinc, 400 tons of coke, 10,000 tons of sponge iron and 250 tons of lead.

The other trading floor of the exchange was the oil and petrochemical on both domestic and export rings of which customers purchased more than 1.449 million tons of commodities valued at almost $770 million.

Commodities traded on this floor were 412,630 tons of bitumen, 238,686 tons of polymeric products, 155,372 tons of chemicals, 12,238 tons of oil, 490,300 tons of vacuum bottom, 4,450 tons of sulfur, 350 tons of argon, 150 tons of insulation and 132,500 tons of lube cut.

Moreover, the IME saw trade of 11,505 tons of commodities on its side market within this month.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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As reported by the IME’s International Affairs and Public Relations Department, 905,197 tons of commodities worth nearly $567 million were traded at the exchange in the past week.

The report said that the IME traded 468,140 tons of commodities on its mineral and industrial trading floor valued at more than $367 million.

On this floor, the IME sold 325,270 tons of steel, 11,300 tons of copper, 9,700 tons of aluminum, 160 tons of molybdenum concentrate, 30 tons of precious metals concentrate, 25,000 tons of iron ore pellets and concentrate, 1,080 tons of zinc ingots, 36,600 tons of cement, 19 kg of gold bars, 50,000 tons of fine iron ore and 9,000 tons of sponge iron (DRI).

Furthermore, the IME’s oil and petrochemical trading floor hosted trade of 435,224 tons of commodities worth more than $200 million.

Products sold here included 94,300 tons of vacuum bottom, 134,233 tons of bitumen, 79,449 tons of polymeric products, 35,937 tons of chemicals, 49,000 tons of lube cut, 4,745 tons of base oil, 100 tons of argon, 35,000 tons of sulfur and 2,470 tons of PDA TAR.

It’s worth noting that there was also 1,833 tons of commodities traded on the IME’s side market.

As previously reported, the value of trades at Iran Mercantile Exchange rose 16 percent in the past Iranian calendar month (ended on May 21).

As reported by the IME’s Public Relations and International Affairs Department, 2.925 million tons of commodities valued at $1.828 billion were traded at the exchange in the previous month, indicating also a six-percent rise in terms of weight.

The IME witnessed trades of 1.464 million tons of commodities worth more than $1.044 billion on its mineral and industrial trading floor.

On this floor the exchange traded 1.189 million tons of steel, 12,780 tons of copper, 480 tons of molybdenum concentrate, 48 tons of precious metals concentrate, 11,690 tons of aluminum, 239,000 tons of iron ore, 1,000 tons of zinc, 400 tons of coke, 10,000 tons of sponge iron and 250 tons of lead.

The other trading floor of the exchange was the oil and petrochemical on both domestic and export rings of which customers purchased more than 1.449 million tons of commodities valued at almost $770 million.

Commodities traded on this floor were 412,630 tons of bitumen, 238,686 tons of polymeric products, 155,372 tons of chemicals, 12,238 tons of oil, 490,300 tons of vacuum bottom, 4,450 tons of sulfur, 350 tons of argon, 150 tons of insulation and 132,500 tons of lube cut.

Moreover, the IME saw trade of 11,505 tons of commodities on its side market within this month.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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As reported by the IME’s Public Relations and International Affairs Department, the exchange traded 254,266 tons of commodities worth more than $174 million on its mineral and industrial trading floor in the past week.

IME’s customers purchased on this floor, 169,756 tons of steel, 4,660 tons of copper, 3,240 tons of aluminum, 120 tons of molybdenum concentrate, 30 tons of precious metals concentrate, 45,000 tons of iron ore concentrate and pellets, 21,460 tons of zinc dust and 10,000 tons of sponge iron (DRI).

The next trading floor was the oil and petrochemical, on which the exchange saw trade of 342, 779 tons of commodities valued at more than $191 million.

Products sold here included 116,500 tons of vacuum bottom, 64,929 tons of bitumen, 82,154 tons of polymeric products, 39,356 tons of chemicals, 39,500 tons of lube cut, 2,156 tons of base oil and 1,890 tons of sulfur.

Moreover, the IME hosted trade of 682 tons of commodities on its side market.

As previously reported, the value of trades at Iran Mercantile Exchange rose 16 percent in the past Iranian calendar month (ended on May 21).

As reported by the IME’s Public Relations and International Affairs Department, 2.925 million tons of commodities valued at $1.828 billion were traded at the exchange in the previous month, indicating also a six-percent rise in terms of weight.

The IME witnessed trades of 1.464 million tons of commodities worth more than $1.044 billion on its mineral and industrial trading floor.

On this floor the exchange traded 1.189 million tons of steel, 12,780 tons of copper, 480 tons of molybdenum concentrate, 48 tons of precious metals concentrate, 11,690 tons of aluminum, 239,000 tons of iron ore, 1,000 tons of zinc, 400 tons of coke, 10,000 tons of sponge iron and 250 tons of lead.

The other trading floor of the exchange was the oil and petrochemical on both domestic and export rings of which customers purchased more than 1.449 million tons of commodities valued at almost $770 million.

Commodities traded on this floor were 412,630 tons of bitumen, 238,686 tons of polymeric products, 155,372 tons of chemicals, 12,238 tons of oil, 490,300 tons of vacuum bottom, 4,450 tons of sulfur, 350 tons of argon, 150 tons of insulation and 132,500 tons of lube cut.

Moreover, the IME saw trade of 11,505 tons of commodities on its side market within this month.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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As reported by the IME’s Public Relations and International Affairs Department, 2.925 million tons of commodities valued at $1.828 billion were traded at the exchange in the previous month, indicating also a six-percent rise in terms of weight.

The IME witnessed trades of 1.464 million tons of commodities worth more than $1.044 billion on its mineral and industrial trading floor.

On this floor the exchange traded 1.189 million tons of steel, 12,780 tons of copper, 480 tons of molybdenum concentrate, 48 tons of precious metals concentrate, 11,690 tons of aluminum, 239,000 tons of iron ore, 1,000 tons of zinc, 400 tons of coke, 10,000 tons of sponge iron and 250 tons of lead.

The other trading floor of the exchange was the oil and petrochemical on both domestic and export rings of which customers purchased more than 1.449 million tons of commodities valued at almost $770 million.

Commodities traded on this floor were 412,630 tons of bitumen, 238,686 tons of polymeric products, 155,372 tons of chemicals, 12,238 tons of oil, 490,300 tons of vacuum bottom, 4,450 tons of sulfur, 350 tons of argon, 150 tons of insulation and 132,500 tons of lube cut.

Moreover, the IME saw trade of 11,505 tons of commodities on its side market within this month.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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According to a report by the IME’s International Affairs and Public Relations Department, the exchange traded on its mineral and industrial trading floor, 518,793 tons of commodities worth more than $350 million.

On this floor the IME sold 399,269 tons of steel, 1,120 tons of copper, 680 tons of aluminum, 120 tons of molybdenum concentrate, 24 tons of precious metals concentrate, 106,000 tons of iron ore pellets and concentrate, 480 tons of zinc, 100 tons of lead, 10,000 tons of sponge iron (DRI) and 4 kg of gold bars.

The next trading floor was the oil and petrochemicals with 338,363 tons of commodities sold on its both domestic and export pits, valued at more than $200 million.

Commodities traded on this floor included 83,500 tons of vacuum bottom, 88,868 tons of bitumen, 80,255 tons of polymeric products, 38,437 tons of chemicals, 43,000 tons of lube cut, 3,691 tons of base oil, 60 tons of argon and 200 tons of sulfur.

Last but not least was the IME’s side market with 4,423 tons of commodities traded on it.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

In the past year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

The post Commodities worth $554m traded at IME in a week appeared first on Iran News Daily.

In the past week, IME sold 378,696 tons of commodities valued at nearly $305 million on its mineral and industrial trading floor.

Commodities traded on this floor were 371,751 tons of steel, 4,560 tons of copper, 2,079 tons of aluminum, 120 tons of molybdenum concentrate, 200 tons of coke and 20 kg of gold bars.

The next trading floor was the oil and petrochemical with trading 360,482 tons of commodities valued at more than $208 million.

On this floor the exchange traded 82,500 tons of vacuum bottom, 120,933 tons of bitumen, 75,563 tons of polymeric products, 44,904 tons of chemicals, 24,000 tons of lube cut, 5,215 tons of base oil, 110 tons of argon and 7,525 tons of sulfur.

It’s worth noting that the IME also saw trade of 953 tons of commodities on its side market.

The value of trades at Iran Mercantile Exchange in the previous Iranian calendar year (ended on March 20) rose 108 percent compared to the preceding year.

During the past year, about 3.5 quadrillion rials (about $83.5 billion) worth of commodities were traded at the mentioned market.

As reported, over 33.39 million tons of goods valued at 3.12 quadrillion rials (about $74.43 billion) were traded at the exchange’s physical market, registering 27 percent and 127 percent of growth in terms of weight and value, respectively.

In the mentioned year, several new records were achieved in terms of the volume and value of transactions in the mentioned market’s various floors including the industrial, petroleum, and petrochemical floors.

The IME’s mineral and industrial trading floor witnessed the trade of 13.738 million tons of commodities worth more than 1.66 quadrillion rials (about $39.5 billion) in the said year.

This floor was a platform to sell 12.437 million tons of steel, 207,205 tons of copper, 238,920 tons of aluminum, 13,795 tons of zinc, 1,300 tons of cast iron, 515 tons of lead, and 675 kg of gold bars.

On its oil and petrochemical trading floor, the IME traded more than 5.141 million tons of commodities worth over 833 trillion rials (over $19.8 billion), to register 11 percent and 96 percent of growth in terms of value and weight, respectively.

Saffron and dates were the top traded commodities on the agricultural floor with 84 tons of saffron and 610 tons of dates being sold on this floor.

IME is one of the four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran’s over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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