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Buy & sell operations at Iran Mercantile Exchange declared

Business Materials 23 August 2021 09:04 (UTC +04:00)
Buy & sell operations at Iran Mercantile Exchange declared

BAKU, Azerbaijan, Aug. 23

By Elnur Baghishov – Trend:

A total of 1.28 million tons of goods worth more than 57 trillion rials (about $1.35) billion) were sold at the Iran Mercantile Exchange (IME) in the last Iranian week (August 14 through August 19, 2021), Trend reports citing the IME’s official website.

While in the preceding Iranian week (August 7 through August 12, 2021), 1.43 million tons of goods worth more than 81.7 trillion rials (about $1.94 billion) were sold at the Iran Mercantile Exchange (IME).

According to the report, about 1.12 million tons of goods worth about 42.9 trillion rials (about $1.02 billion) were sold in the industrial and mining products section of IME last week.

"About 85,200 tons of steel, 7,400 tons of copper, 6,950 tons of aluminum, 120 tons of molybdenum concentrate, 160 tons of zinc ingots, 975,000 tons of cement, 35,000 tons of iron ore, 400 tons of coke and 16,000 tons of sponge iron were sold in this section," the report said.

In addition, more than 153,000 tons of various oil and petrochemical products worth about 13.9 trillion rials (about $330 million) were sold in the oil and petrochemical products section of IME last Iranian week, the report said.

According to the report, 49,400 tons of vacuum bottom, 27,900 tons of bitumen, 9,090 tons of polymeric substances, 18,300 tons of chemicals, 38,000 tons of lube cut, 1,770 tons of base oil, 50 tons of argon, 100 tons of facades and 7,000 tons of sulfur were sold in this section.

Furthermore, 1,040 tons of various products worth 181 billion rials (about $4.33 million) were sold in the submarket section of the exchange.

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