BAKU, Azerbaijan, May 23. A total of about 7.94 million tons of goods worth over 665 trillion rials (about $15.8 billion) were sold at the Iran Mercantile Exchange (IME), in the 2-nd month of the current Iranian year (April 21 through May 21, 2022), Trend reports citing IME’s official portal.
This is an increase of 11 percent in value and 9 percent in volume, compared to the 1st month of the current Iranian year (March 21 through April 20, 2022).
According to the statistics, 1.21 million tons of various oil and petrochemical products worth 249 trillion rials (about $5.93 billion) were sold in the oil and petrochemical products section of the IME in the 2-nd 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, 6.68 million tons of products worth 403 trillion rials (about $9.59 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, 43,600 tons of various products worth 11.4 trillion rials (about $273 million) were sold in the sub-market section of the exchange in the 2nd month, the statistics said.
Furthermore, 5 tons of saffron worth 1.37 trillion rials (about $32.6 million) was sold in the agricultural section of the exchange.
---
Follow the author on Twitter: @BaghishovElnur