Iran Mercantile Exchange reports 3.2 million tons in weekly commodity trades

The Iran Mercantile Exchange (IME) recorded the trade of approximately 3.228 million tons of various commodities during the week ending November 8, with a total transaction value exceeding 163,200 billion tomans.

Top performing companies by sales value included National Iranian Copper Industries, which ranked first with 23,859 billion tomans in trades involving copper, sulfuric acid, and precious metal concentrates. Mobarakeh Steel Company followed in second place, generating 10,225 billion tomans from the sale of 56,050 tons of steel sheets. Khuzestan Steel Company ranked third, with sales valued at 7,554 billion tomans.

In the precious metals sector, the exchange saw the trading of 354 kilograms of gold bullion and 3.2 tons of silver bullion through deposit certificates and options markets. Gold funds recorded a transaction value of 64,700 billion tomans, while silver funds reached 5,200 billion tomans.