Happened during October 2017
EghtesadOnline: Over October 2017, Iran Mercantile Exchange witnessed trading of more than 2 million and 699 thousand tonnes of commodities worth over $1,378 million, experiencing a growth of 29% and 30% in the trade value and volume respectively.
According to the report by the IME’s International Affairs and PR, during the last month, the agricultural trading floor witnessed trading of more than 223,165 MT of commodities worth 68 million USD.
Based on the report, 383,000 day old chicks, 191,000 MT of wheat, 29,175 MT of sugar, 2,350 MT of meals, 237 MT of feed barley and 20 MT of frozen chicken were traded on this trading floor, ISNA reported.
The report declares that the oil and petrochemical trading floor of IME played host to trading of 1,639,204 MT of commodities worth more than 760 million USD.
On this trading floor, more than 661,370 MT of bitumen, 295,532 MT of polymer products and 10,0388 MT of chemical products, 415,500 MT of VB feed stock, 90,500 MT of lube cut oil, 61,080 MT of sulfur, 60 MT of argon gas, 9,370 MT of insulation, 1,000 MT of slaps waxes and 3,404 MT of oil were traded by customers.
The metal and mineral trading floor witnessed trading over 833,436 MT of commodities worth more than 547 billion USD. On this trading floor 639,945 MT of steel, 18,285 MT of copper, 510 MT of molybdenum concentrates, 36 MT of precious metals concentrates, 40 kg of gold bullion, 120 MT of zinc, 165,000 MT of iron ore as well as 9,540 MT of aluminum were traded by customers.
The side market of IME experienced trading of 850 Kg of empty barrels, 50 MT of used locomotive engine oil, 902 MT of iron scrape, 881 MT of metal scrape, 150 MT of phosphate concentrate, 140 MT of methylene diphenyl diisocyanate of polycarbonate and 834 MT of various grades of polyester threads.