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Value of goods sold at Iran Mercantile Exchange increases

Business Materials 27 September 2020 12:15 (UTC +04:00)
Value of goods sold at Iran Mercantile Exchange increases

BAKU, Azerbaijan, September 27

By Elnur Baghishov – Trend:

More than 619,000 tons of goods worth more than 73.7 trillion rials (about $1.75 billion) were sold at the Iran Mercantile Exchange (IME) in the last Iranian week (September 19-September 24), Trend reports citing the IME’s official website.

According to the report, however, more than 637,590 tons of goods worth more than 67 trillion rials (about $1.59 billion) were sold at the Iran Mercantile Exchange (IME) in the last Iranian week (September 12-September 17).

"A total of 321,331 tons of goods worth 45.9 trillion rials (about $1.09 million) were sold in the industrial and mining products section of IME," the report said.

More than 301,000 tons of steel, 7,700 tons of aluminum, 6,880 tons of copper, 12 tons of precious metal concentrate, 120 tons of molybdenum sulfur, 610 tons of zinc ingots, 5,000 tons of iron ore were sold in this section.

"At the same time, 291,277 tons of various oil and petrochemical products worth 27.3 trillion rials (about $650 million) were sold in the oil and petrochemical products section of IME in the last week," the report added.

According to the report, 40,000 tons of vacuum bottom, 75,300 tons of bitumen, 78,700 tons of polymeric substances, 50,300 tons of chemicals, 17,000 tons of lube cut, 1,790 tons of moisture-resistant coatings, 2,360 tons of base oil, 150 tons of argon, 25,500 tons of sulfur were sold in this section.

"In addition, 6,470 tons of various products were sold in the submarket section of the exchange," the report noted.

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