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Value of sales at Iran Mercantile Exchange declines

Business Materials 21 January 2023 14:38 (UTC +04:00)
Value of sales at Iran Mercantile Exchange declines
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, January 21. In total, 2.07 million tons of goods and 10,155 passenger cars worth approximately 250 trillion rials (about $5.94 billion) were sold at the Iran Mercantile Exchange (IME), during the last Iranian week (January 14 through January 19, 2023), Trend reports citing the IME’s official website.

The value of sales at the IME decreased by 14.5 percent compared to the preceding Iranian week (January 7 through January 12, 2023).

So, 2.16 million tons of goods and 10,792 passenger cars worth 292 trillion rials (about $6.94 billion) were sold at the Iran Mercantile Exchange (IME), in the preceding week.

According to the report, about 1.72 million tons of goods worth 183 trillion rials (about $4.37 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, aluminum, copper, lead, molybdenum concentrate, gold bars, passenger cars and etc.

In addition, more than 357,000 tons of various oil and petrochemical products worth 64.7 trillion rials (about $1.54 billion) were sold in the oil and petrochemical products section of IME last Iranian week.

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

At the same time, over 4,000 tons of various products worth 1.51 trillion rials (about $35.9 million) were sold in the submarket section of the exchange.

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