BAKU, Azerbaijan, April 26. Iran's Mercantile Exchange (IME) saw a total of 376 trillion rials (about $669 million) worth of products sold, amounting to 2.71 million tons, last Iranian week (from April 19 through 23, 2025).
Data obtained by Trend from the IME shows that the industrial and mining sector alone accounted for 139 trillion rials (about $246 million), with 647,000 tons of products sold.
The products sold in this sector mainly included iron ore, cement, steel, sponge iron, copper, aluminum, lead, molybdenum concentrate, and precious metal concentrates.
Meanwhile, the petrochemical products sector of the exchange saw sales of 88.9 trillion rials (about $158 million) in the same period. This section primarily dealt with vacuum bottoms, bitumen, polymer materials, lube cuts, chemicals, sulfur, slaps wax, and gas.
The Kish Export Products sector at the exchange also saw sales worth 33.2 trillion rials (about $59 million) with 122,000 tons of products sold.
Open auctions at the exchange contributed to the sale of around 58.4 trillion rials (about $104 million) worth of 1.73 million tons of goods.
In addition, the sub-market section saw the sale of 10,000 tons of products worth 5.74 trillion rials (about $10.2 million).
Iran's Mercantile Exchange functions to provide many products and set prices. The price of products at the exchange is determined based on supply and demand. The Iranian Exchange and Securities Organization advocates that the wholesale sale of strategically important products should be carried out by the IME.
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