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3 clusters · 7 sources · 28 days · First seen 28 days ago · Last updated 1 day ago

Iran Mercantile Exchange commodity trading

Overview

The Iran Mercantile Exchange (IME) has maintained active trading across various commodity sectors. In late August, the exchange scheduled its 154th gold bullion auction, which required specific security deposits and participation from designated economic groups.

By mid-September, the IME reported high-volume physical market activity. For the week ending September 11, transactions exceeded 125.6 trillion Iranian tomans, involving approximately 3.069 million tons of goods. The National Iranian Copper Industries Company led sales value with 18 trillion tomans from sulfuric acid, copper concentrates, and molybdenum oxide. Khuzestan Steel Company and Chadormalu Mining and Industrial Company also recorded significant sales. Steel and steelmaking raw materials continued to dominate market volume and value.

In the week ending September 18, activity expanded significantly within the precious metals sector. Gold and silver funds reached a combined trading value exceeding 79 trillion tomans, with gold funds accounting for 71.4 trillion tomans. Physical trades and deposit certificates for silver and gold also saw high turnover, with gold deposit certificates representing 452 kilograms of gold valued at 14,072 billion tomans.

Looking toward late September, the exchange scheduled various industrial and mineral offerings, including aluminum ingots from Aluminum Iran and Almahdi Aluminum, as well as zinc ingots from several smelters and processing companies.

Entities

Iran Mercantile Exchange · Chadormalu Mining and Industrial Company · National Iranian Copper Industries Company · Khuzestan Steel Company

Timeline

1 day ago

[BUSINESS] 2 sources
Iran Mercantile Exchange reports high precious metal and industrial commodity activity
The Iran Mercantile Exchange reports record gold and silver fund trades exceeding 79 trillion tomans, alongside scheduled industrial offerings of aluminum and zinc ingots.
10 days ago

[BUSINESS] 6 sources
Iran Mercantile Exchange commodity trades exceed 125 trillion tomans
The Iran Mercantile Exchange saw high-volume commodity trading, led by copper and steel sectors, with total weekly transactions reaching over 125 trillion tomans.
28 days ago

[BUSINESS] 2 sources
Iran Mercantile Exchange to hold 154th gold bullion auction
The Iran Mercantile Exchange will hold its 154th gold bullion auction on Tuesday, with a weekly purchase limit of 25 pieces per participant and a required security deposit of 5 billion Tomans per piece.

Sources

aftabnews.ir · bourse24.ir · etemadonline.com · fouladnews.ir · khabarfoori.com · negarmag.com · rokna.net

This summary has been updated 1 time: see revision history