TEHRAN- During the past Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) witnessed trade of 3,112,323 tons of commodities with a total trading value of nearly $804 million, posting growths of four percent and 21 percent in volume and value of trades compared with the week before that.

As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor trade of 2,506,566 tons of commodities worth more than $531 million.

On this floor the IME sold 1,396,003 tons of cement, 550,609 tons of steel, 514,000 tons of iron ore, 124,300 tons of sponge iron, 10,675 tons of aluminum, 9,614 tons of copper, 1,115 tons of zinc and 250 tons of molybdenum concentrate.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 593,774 tons of commodities valued at more than $258 million.

Commodities traded on this floor included 159,000 tons of vacuum bottom, 113,327 tons of polymeric products, 42,146 tons of chemicals, 35,300 tons of lube cut, 4,890 tons of sulfur, 4,797 tons of oil, 1,295 tons of bitumen, 540 tons of feedstock and 104 tons of petroleum products.

The IME also traded within the same week 11,982 tons of goods on its side market.

As previously reported, during the past Iranian calendar month (ended on February 19) Iran Mercantile Exchange witnessed trade of 14,158,727 tons of commodities and 337 vehicles with a total trading value of more than $3 billion on its physical market, logging growths of 1.2 percent in volume and 14.6 percent in value of trades compared with the month before that.

As reported by the IME’s Public Relations and International Affairs Department, the exchange saw on its metals and minerals trading floor, trade of 11,508,886 tons of commodities and 337 vehicles valued at more than $2 billion.

On this floor the IME sold 5,964,981 tons of cement, 2,694,000 tons of iron ore, 2,036,041 tons of steel, 712,500 tons of sponge iron, 96,850 tons of zinc, 42,959 tons of copper, 40,800 tons of aluminum, 35,000 tons of cast iron, 1,150 tons of molybdenum concentrate, 57 tons of precious metals concentrate and 337 vehicles.

Moreover, the exchange saw trade of 2,442,645 tons of commodities worth more than $1 billion on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 883,906 tons of bitumen, 677,500 tons of vacuum bottom, 474,154 tons of polymeric products, 151,100 tons of lube cut, 152,866 tons of chemicals, 49,025 tons of sulfur, 24,998 tons of oil, 3,640 tons of petroleum products, 1,705 tons of feedstock and 1,395 tons of waterproofing materials.

Last was the IME's side market on which the exchange traded 116,215 tons of goods.

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