INSUBCONTINENT EXCLUSIVE:
TEHRAN- During the past Iranian calendar month Khordad (ended on June 21), the third month of Iranian calendar year, 10,826,000 million tons
of commodities worth more than $3 billion were traded at Iran Mercantile Exchange (IME), showing 21 percent and 36 percent growth in value
the exchange saw on both domestic and export pits of its oil and petrochemical trading floor, trade of 1.558 million tons of commodities
valued at more than $1.1 billion.The IME's customers purchased on this floor 300,800 tons of vacuum bottom, 400,622 tons of bitumen, 444,102
tons of polymeric products, 206,000 tons of lube cut, 155,855 tons of chemicals, 25,165 tons of sulfur, 24,198 tons of oil, 500 tons of
argon and 800 tons of insulation.Furthermore, the exchange saw trade of more than 9.181 million tons of commodities worth nearly $2 billion
on its metals and minerals trading floor.Items traded on this floor included 5,986,000 tons of cement, 1,669,000 tons of steel, 1,224,000
tons of iron ore, 180,000 tons of sponge iron, 83,470 tons of aluminum, 55,149 tons of zinc, 35,361 tons of copper, 670 tons of molybdenum
concentrate, 1,000 tons of coke, 60 tons of lead, 90 tons of precious metals concentrate and 5 kg of gold bars.On its agricultural trading
floor, the exchange saw offering of five tons of saffron.Next was the IME's automobile trading floor with trades of 22 Cara Sedan
automobiles.Last was the IME's side market on which the exchange traded 86,358 tons commodities.The value of trades at the 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), which was the highest level of growth in the history of the exchange since its establishment.Statistical data show that in the
past year, in addition to new records in the volume and value of trades of different products, 10 major records in total value and physical
market trades were registered
In a way that besides the total value of trades, the volume and value of physical market trades, the volume, and value of industrial
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 four major stock markets of Iran, the other three markets are Tehran Stock Exchange (TSE), Iran's over-the-counter (OTC) market
known also as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX).MA/MA
