TEHRAN- During the previous Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) experienced trade of 2,420,018 tons of commodities with a total trading worth of almost $757 million on its physical market.As reported by the IMEs Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor trade of 2,041,442 tons of commodities valued at more than $527 million.On this flooring the IME offered 1,002,530 lots of cement, 585,000 lots of iron ore, 399,552 lots of steel, 38,000 tons of sponge iron, 10,190 tons of aluminum, 6,120 lots of copper, 1,100 lots of zinc and 200 tons of molybdenum concentrate.Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading flooring 373,730 tons of products worth more than $224 million.Commodities traded on this flooring included 102,000 tons of vacuum bottom, 101,837 lots of polymeric items, 67,905 tons of bitumen, 51,000 lots of lube cut, 36,920 lots of chemicals, 11,020 lots of sulfur, 3,070 tons of base oil, 500 lots of petroleum products and 190 tons of feedstocks.The IME likewise traded within the very same week 4,845 tons of products on its side market.As formerly reported, 8,776,034 lots of commodities worth over $3 billion were traded at Iran Mercantile Exchange during the previous Iranian calendar month Dey (ended on January 20).

The exchange saw on both domestic and export pits of its oil and petrochemical trading flooring, trade of 1,589,743 lots of products valued at more than $911 million.The IMEs clients bought on this floor 377,000 lots of vacuum bottom, 508,989 lots of bitumen, 383,683 tons of polymeric items, 144,560 tons of chemicals, 129,100 lots of lube cut, 20,535 lots of sulfur, 21,552 lots of oil, 6,524 lots of petroleum items, 560 tons of insulation and 740 tons of feedstocks.Moreover, the exchange saw trade of 7,017,408 lots of commodities and 28,455 lorries worth more than $2 billion on its metals and minerals trading floor.Items traded on this floor included 4,071,313 lots of cement, 1,173,000 lots of iron ore, 1,483,512 lots of steel, 262,075 tons of zinc, 69,325 tons of aluminum, 42,000 lots of sponge iron, 30,178 lots of copper, 2,000 lots of coke, 800 tons of molybdenum concentrate, 550 lots of lead, 42 tons of rare-earth elements concentrate and 45 kg of gold bars.Last was the IMEs side market on which the exchange traded 168,882 lots of commoditiesThe value of trades at Iran Mercantile Exchange rose 102 percent, and the volume of trades at the exchange increased 128 percent in the past Iranian calendar year 1400 (ended on March 20, 2022), which was the highest level of development in the history of the exchange since its establishment.Statistical information reveal that in the past year, in addition to brand-new records in the volume and value of trades of different items, 10 significant records in total worth and physical market trades were signed up.

In such a way that besides the overall value of trades, the volume and value of physical market trades, the volume, and value of commercial products and petrochemicals trades, the value of oil products trades and the volume and value of side market trades all hit records.IME is one of the 4 major stock exchange of Iran, the other three markets are Tehran Stock Exchange (TSE), Irans non-prescription (OTC) market known likewise as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).

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