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Iran shares data on monthly sales of goods at Mercantile Exchange

Business 24 January 2022 09:14 (UTC +04:00)
Iran shares data on monthly sales of goods at Mercantile Exchange

BAKU, Azerbaijan, Jan. 24

By Elnur Baghishov – Trend:

A total of 7.29 million tons of goods worth 599 trillion rials (about $14.3 billion) were sold at the Iran Mercantile Exchange (IME), in the 10th month of the current Iranian year (December 22, 2021, through January 20, 2022), Trend reports citing IME’s official portal.

This is a decrease of 10.6 percent in value and 13.2 percent in volume, compared to the 9th month of the current Iranian year (November 22 through December 21, 2021).

Meanwhile, in the 9th month, a total of 8.41 million tons of goods worth 670 trillion rials (about $15.9 billion) were sold at the Iran Mercantile Exchange (IME).

According to the statistics, 1.53 million tons of various oil and petrochemical products worth 219 trillion rials (about $5.21 billion) were sold in the oil and petrochemical products section of the IME in the 10th month.

These products were mainly various petrochemical products, including vacuum bottom, bitumen, polymer substances, lube cut, chemicals, sulfur, base oil, argon, and etc.

“In addition, 5.72 million tons of products worth 372 trillion rials (about $8.86 billion) were sold in the industrial and mining products section of the IME over the reporting month,” the statistics said.

According to the statistics, various products, including cement, steel, iron ore, sponge iron, aluminum, zinc, copper, molybdenum concentrate, lead, precious metal concentrate, gold bars, and so on were sold in this section.

At the same time, 43,900 tons of various products worth 8.08 trillion rials (about $192 million) were sold in the sub-market section of the exchange in the 10th month, the statistics said.

Furthermore, about 50 kg of saffron worth 14.4 billion rials (about $342,000) was sold in the agricultural section of the exchange.

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