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One-Month IME Trade at $1.5b
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Business And Markets January 22, 2021 21:52 One-Month IME Trade at $1.5b Commodities weighing 2.89 million tons worth 338 trillion rials ($1.5 billion) were traded at the Iran Mercantile Exchange in the last Iranian month (Dec.21-Jan.19). The deals grew 5% in volume and 7% in value compared to the month before, the IME news agency imereport.ir said. IME is a commodities exchange in Tehran founded in 2006 to host deals in farm, industrial and petrochemical products in the spot and futures markets. Trade during the month included industrial and mineral products weighing more than 1.27 million tons and valued at 167 trillion rials ($742 million) -- down 7% in volume and 1% in value compared to the earlier month. Steel topped the list with 1.093 million tons followed by copper 5,160 to...
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