Mercantile exchange picks up 15% in a month

November 26, 2016 - 18:5

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.