BAKU, Azerbaijan, May 21. A total of 2.17 million tons of goods worth 174 trillion rials (about $4.14 billion) were sold at the Iran Mercantile Exchange (IME) in the last Iranian week (May 14 through May 19, 2022), Trend reports citing the IME’s official website.
This is a decrease of 38.7 percent in value 27.3 percent in volume, compared to the preceding Iranian week (May 7 through May 12, 2022).
So, about 2.99 million tons of goods worth 288 trillion rials (about $6.86 billion) were sold at the Iran Mercantile Exchange (IME) in the preceding week.
According to the report, about 1.75 million tons of goods worth about 95.8 trillion rials (about $2.28 billion) were sold in IME's industrial and mining products section last week.
The main products sold in this section were cement, iron ore, steel, sponge iron, aluminum, copper, lead, zinc, molybdenum concentrate, gold bars, etc.
In addition, about 412,000 tons of various oil and petrochemical products worth 76 trillion rials (about $1.81 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, lube cut, vacuum bottom, chemicals, sulfur, base oil, argon, etc.
Furthermore, 6,230 tons of various products worth about 2.09 trillion rials (about $49.7 million) were sold in the submarket section of the exchange.
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