INSUBCONTINENT EXCLUSIVE:
TEHRAN- During the past Iranian calendar week (ended on Friday), Iran Mercantile Exchange (IME) saw trade of 2,018,658 tons of commodities
and 8,106 cars with an overall trading value of nearly $800 million on its physical market, publishing growth of 5.68 percent in worth of
trades compared to the figure of the previous week.As reported by the IMEs Public Relations and International Affairs Department, the
exchange saw on its metals and minerals trading flooring trade of 1,575,264 lots of commodities valued at more than $537 million.On this
floor the IME offered 1,020,479 tons of cement, 320,000 lots of iron ore, 186,807 lots of steel, 29,400 lots of sponge iron, 10,375 tons of
aluminum, 7,052 lots of copper, 1,900 lots of zinc, 190 lots of molybdenum concentrate and 8,106 vehicles.Furthermore, the IME saw on both
domestic and export rings of its oil and petrochemical trading flooring 439,689 tons of commodities worth more than $258 million.Commodities
traded on this flooring consisted of 120,875 lots of bitumen, 108,592 lots of polymeric items, 97,000 lots of vacuum bottom, 56,000 tons of
lube cut, 38,145 lots of chemicals, 13,800 lots of sulfur, 6,272 tons of base oil, 500 tons of petroleum products, 200 lots of insulation
and 190 tons of feedstocks.The IME likewise traded within the very same week 5,696 lots of products on its side market.IME is among the four
significant stock markets of Iran, the other 3 markets are Tehran Stock Exchange (TSE), Irans over the counter (OTC) market known likewise
as Iran Fara Bourse (IFB), and Iran Energy Exchange (IRENEX)
