Mercantile exchange picks up 15% in a month

November 26, 2016

TEHRAN- More than two million tons of commodities, at the value of 33 trillion rials (about $914.3 million) were traded on the physical market at Iran Mercantile Exchange (IME) during the eight month of the Iranian calendar year, Aban (October 22- November 20), showing a 15 percent growth compared to the previous month, reported IRIB news on Saturday.

According to a report released by IME, 962,000 tons of various commodities worth 16 trillion rials (about $433.3 million) exchanged hands on the industrial and mineral products trading floor during the said period, registering 22 percent increase in terms of volume and 36 percent rise in terms of value.

HJ/MA

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