BAKU, Azerbaijan, September 27. The Iran Mercantile Exchange (IME) sales went down by 10 percent in value and three percent in weight last Iranian week (on September 20-25) compared to the previous week (on September 13-18).
The data obtained by Trend from IME shows that in the reporting period, the sales amounted to 3.36 million tons of products worth nearly 554 trillion rials (about $1.09 billion) against 3.47 million tons worth 616 trillion rials (circa $1.09 billion) in
The sales covered 1.19 million tons of products valued at 254 trillion rials (approximately $452 million) in the industrial section of the exchange.
The section sales mainly included iron ore, cement, steel, sponge iron, copper, aluminum, lead, molybdenum concentrate, and precious metal concentrate.
Besides, during the reporting period, 175,000 tons of products worth 91.5 trillion rials (about $163 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 216,000 tons of products worth 48.9 trillion rials (about $87 million) were sold in the Kish Export Products section of the IME.
The exchange's open auction sold 1.74 million tons of products worth 139 trillion rials (about $248 million).
Additionally, 19,900 tons of products worth 19.9 trillion rials (about $35.4 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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