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Iran shares data on buy/sell operations at its Mercantile Exchange

Business 22 January 2022 12:45 (UTC +04:00)
Iran shares data on buy/sell operations at its Mercantile Exchange

BAKU, Azerbaijan, Jan. 22

By Elnur Baghishov – Trend:

A total of 1.73 million tons of goods worth more than 141 trillion rials (about $3.36 billion) were sold at the Iran Mercantile Exchange (IME) in the last Iranian week (January 15 through January 20, 2022), Trend reports citing the IME’s official website.

This is an increase of 11.3 percent in value, while a decrease of 2.27 percent in volume, compared to the preceding Iranian week (January 8 through January 13, 2022).

So, 1.77 million tons of goods worth more than 127 trillion rials (about $3.02 billion) were sold at the Iran Mercantile Exchange (IME) in the preceding week.

According to the report, about 1.35 million tons of goods worth about 85 trillion rials (about $2.02 billion) were sold in the industrial and mining products section of IME last week.

The main products sold in this section were cement, steel, sponge iron, iron ore, aluminum, copper, zinc, lead, petroleum coke, molybdenum concentrate, gold bars and etc.

In addition, about 355,000 tons of various oil and petrochemical products worth about 53.8 trillion rials (about $1.28 billion) were sold in the oil and petrochemical products section of IME last Iranian week, the report said.

The main products sold in this section were bitumen, polymer substances, vacuum bottom, lube cut, chemicals, sulfur, base oil, argon and etc.

Furthermore, about 16,700 tons of various products worth about 2.41 trillion rials (about $57.5 million) were sold in the submarket section of the exchange.

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