BAKU, Azerbaijan, July 19. The Iran Mercantile Exchange (IME) sold a total of 2.15 million tons of products worth 439 trillion rials (about $760 million) in the last Iranian week (July 12-17).
The data obtained by Trend from IME shows that last week, 562,000 tons of products worth 201 trillion rials (about $347 million) were sold in the industrial section of the Mercantile Exchange.
The section sales mainly included iron ore, cement, steel, sponge iron, copper, aluminum, lead, molybdenum concentrate, and precious metal concentrate.
During the mentioned period, 157,000 tons of products worth 77.8 trillion rials (about $134 million) were sold in the IME petroleum products (mainly vacuum bottom, bitumen, polymer materials, lube cut, chemicals, sulfur, slaps wax, gas, and others) section.
As many as 207,000 tons of products worth 47 trillion rials (about $81.5 million) were sold in the Kish Export Products section of the IME.
The exchange's open auction sold 1.2 million tons of products worth 98.6 trillion rials (about $170 million).
Additionally, 45,500 tons of products worth 15.2 trillion rials (about $26.2 million) were also sold in the sub-market section of the IME.
The Iranian Mercantile Exchange operates to provide and set prices for many products.
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