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Buy/sell operations at Iran Mercantile Exchange up

Business Materials 24 October 2022 09:15 (UTC +04:00)
Buy/sell operations at Iran Mercantile Exchange up
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, October 24. In total, 2.94 million tons of goods worth 222 trillion rials (about $5.29 billion) were sold at the Iran Mercantile Exchange (IME), during the last Iranian week (October 15 through October 20, 2022), Trend reports citing the IME’s official website.

This is an increase of about 49 percent in value and 25.8 percent in volume compared to the preceding Iranian week (October 8 through October 13, 2022).

So, 2.34 million tons of goods worth 149 trillion rials (about $3.55 billion) were sold at the Iran Mercantile Exchange (IME) in the preceding Iranian week.

According to the report, about 2.5 million tons of goods worth 160 trillion rials (about $3.8 billion) were sold in IME's industrial and mining products section last week.

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

In addition, 431,000 tons of various oil and petrochemical products worth about 61 trillion rials (about $1.45 billion) were sold in the oil and petrochemical products section of IME last Iranian week.

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

At the same time, 5,830 tons of various products worth 1.65 trillion rials (about $39.2 million) were sold in the submarket section of the exchange.

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