Metal and Mineral Products Trading Value Increased in Fall 2016

IME‘s quarterly trading statistics in spot market shows increase in metal and mineral products trading value in fall 2016.

Iran Mercantile Exchange quarterly newsletter shows total trading value of metal and mineral products in spot market increased from $690 million in fall 2015 to $1165 million in fall 2016.

Based on the report, first rank of trading value in metal and mineral products belonged to steel sector with 75 percent, copper(18%),aluminum (4%),molybdenum concentrates(1%),iron ore(1%) and other products(1%) were in next ranks respectively.

Total value of trading on export pit in fall 2016 was $214 million which witnessed increase from $201 million compared to fall 2015.

It’s worthy to say that 6.94 percent of trading on export was in iron ore sector.

source: imidro