TEHRAN- During the past Iranian calendar week (ended on Friday), 3,038,357 million tons of commodities worth nearly $728 million were traded at Iran Mercantile Exchange (IME).

As reported by the IME’s Public Relations and International Affairs Department, the exchange traded on its metals and minerals trading floor 2,753,947 million tons of commodities valued at more than $551 million.

On this floor, the IME sold 1,125,905 tons of cement, 845,000 tons of iron ore, 664,938 tons of steel, 66,000 tons of sponge iron, 36,700 tons of zinc, 9,200 tons of aluminum, 6,579 tons of copper, 200 tons of molybdenum concentrate, 100 kg of gold bars and 40 vehicles.

Furthermore, the IME saw on both domestic and export pits of its oil and petrochemical trading floor 281,422 tons of commodities worth more than $174 million.

Commodities traded on this floor included 92,681 tons of polymeric products, 78,000 tons of vacuum bottom, 8,500 tons of lube cut, 37,297 tons of chemicals, 15,520 tons of sulfur, 5,311 tons of base oil and 42,872 tons of bitumen.

The IME also traded within the same week 2,989 tons of commodities on its side market.

As previously reported, 10,206,807 tons of commodities worth over $2.5 billion were traded at Iran Mercantile Exchange during the past Iranian calendar month Aban (ended on November 21).

The exchange traded on both domestic and export rings of its oil and petrochemical trading floor 1.767 million tons of commodities valued at nearly $963 million.

The IME's customers purchased on this floor 452,000 tons of vacuum bottom, 509,633 tons of bitumen, 394,914 tons of polymeric products, 203,100 tons of lube cut, 139,208 tons of chemicals, 36,575 tons of sulfur, 26,432 tons of oil and 1,100 tons of insulation.

Furthermore, the exchange saw trade of more than 8.322 million tons of commodities worth over $1.5 billion on its metals and minerals trading floor.

Items traded on this floor included 5,778,000 tons of cement, 1,462,000 tons of steel, 657,000 tons of iron ore, 338,500 tons of sponge iron, 35,610 tons of aluminum, 4,740 tons of zinc, 41,892 tons of copper, 1,000 tons of molybdenum concentrate, 66 tons of precious metals concentrate and 40 kg of gold bars.

It's worth noting that the IME also traded 2,416 vehicles on its automobiles trading floor.

Last was the IME's side market on which the exchange traded 71,779 tons of commodities

The 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), 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