The Iran Mercantile Exchange (IME) announced that around $116 million worth of various commodities weighting over 413,800 tons were traded in its domestic trading and exports halls in the past working week (Feb. 13-18).

The IME said that over 296,720 tons of various oil and petrochemical products, including 154,788 tons of bitumen, 21,635 tons of polymer products, 15,597 tons of chemical products, 850 tons of insulation, 450 tons of sulfur and 1,000 tons of slaps waxes with the total value of $70 million were traded in its domestic and exports halls during the last week, Fars News Agency reported on Sunday.

Also, 115,855 tons of metal and mineral products, including 51,635 tons of steel products, 55,000 tons of iron ore, 6,280 tons of copper, 140 tons of molybdenum concentrate, 4 kilograms of gold bullion, 2,300 tons of aluminum, and 500 tons of metallurgical coke with the total value of $46 million were traded in the IME domestic and exports halls in the last week.

In the meantime, 225 tons of sugar, 600 tons of crude vegetable,  260 tons of maize and 80 tons of feed barely were traded by the customers in the agricultural trading hall of the IME in the last week.

The IME was set up on September 20, 2007 in accordance with Article 95 of the new law of Securities Market of the Islamic Republic of Iran following the merger of agricultural and metal exchanges of Tehran. The merger marked a new chapter in Iran capital market providing endless trading opportunities for customers both at home and abroad.