Gold bullion trading volume witnesses a 175% growth: IME

Tehran-Iran (Oct 18)  During weekdays ending up to 15th of October, while 55 Kg of gold bullion were traded on spot market of Iran Mercantile Exchange, its trade volume and value experienced 175% and 178% of growth, respectively.

According to the report from IME International Affairs and PR, last week, on domestic and export metals and minerals pit of IME, 87,193 MT of various products worth more than 77 million USD were traded.

On this trading floor, 71,930 MT of steel products, 4,560 MT of copper products, 140 MT of molybdenum concentrate, 10,560 MT of aluminum, and 3 MT of concentrates were traded.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 308,953 MT of different commodities with the total value of 123 million USD were traded.

On this trading floor, more than 162,986 KT of bitumen, 40,349 KT of polymer products, 66,160 MT of VB, 10 KT of lube cut, 21,268 KT of chemical products, 1,090 MT of insulation and 7,100 MT of sulfur were traded.

Moreover, on agricultural trading floor, 1,650 MT of sugar, 3,100 MT of maize, 150 MT of seed oil, 500 MT of crude vegetable oil and 600 MT of rice were traded by customers.

Based on the report, totally 403,116 MT of various commodities worth more than 203 million USD was traded in IME, during last week.

Source: IRNA