NEWS
Mercantile Exchange  

Trading over 313 thousand tonnes of various commodities on IME

During weekdays ending up to November 15, approximately, 313,321 MT of commodities worth over $357 million were traded in Iran Mercantile Exchange.

According to the report from IME International Affairs and PR, last week, on the domestic and export metal and mineral trading floor of IME, 25,611 MT of various products worth close to $73 million were traded.

On this trading floor, 13,556 MT of steel, 4,405 MT of copper, 150 MT of molybdenum concentrates, 2,500 MT of 1000lb aluminum ingot and 5,000 MT of sponge iron were traded by the customers.

The report declares that on domestic and export oil and petrochemical trading floors of IME, 234,610 MT of different commodities with the total value of $261 million were traded.

On this trading floor, 77,200 MT of bitumen, 49,171 MT of polymer products, 29,169 MT of chemical products, 1,170 MT of sulfur as well as 500 MT of insulation were traded.

Moreover, on the agricultural trading floor of IME witnessed trading 52,600 MT of wheat and 500 MT of sugar were traded by customers.

News No: 2651
Date: 2018/11/19 - 10:02
News Source: ISNA.IR

IME  trade 

Comments:

Leave a Comment:

   
   
   
 

India: Domestic HRC Prices Uptick in Traders Market; Trades Remain Sluggish

This week Indian HRC prices witnessed marginal increase in domestic market post recent hike by major Indian steel mills by INR 500-1000/MT in the beginning of this month.
 

Bangladesh: Imported Scrap Trades Limited; Offers Range bound

SteelMint learned from industry participants that imported scrap trades in Bangladesh have remained slow as current prevailing offers in the market are comparatively high against buyers’ expectation and other subcontinental markets.
 

Kuwait Says May Back Extension of OPEC-Led Cuts

Kuwait will back an extension of OPEC-led production cuts beyond June if it's clear supply and demand factors warrant it, Haitham al-Ghais, Kuwait Petroleum Corp's manager for market research and the country's OPEC governor, said Wednesday.
 

ICI 4 coal derivatives trade picks up

Activity in the ICI 4 derivatives market increased again today after a relatively slow start to the month last week, with another 25,000t cleared on the CME after 20,000t traded yesterday.
 

India: Private Pig Iron Producers Raise Offer Amid Hike in Billet Prices

The private pig iron producers in eastern India - Durgapur, Odisha & Jharkhand have raised prices by around INR 500/MT (USD 7). As per officials, prices have moved up on account of supply crunch and significant rise in domestic billet prices.
 

Indian Pellet Export Trade Resumes on Fresh Chinese Buying

SteelMint in conversation with its market sources learned that an Indian pellet maker has recently concluded two export deals of 50,000 MT each for April delivery.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners