Trading on the Iran Mercantile Exchange picked up in the final calendar month, which ended on September 22, thanks to large-scale cement offerings.
Goods with a weight of 8.06 million tons more than in the previous month were traded on the spot market.
The commodities sold were worth 533 trillion rials ($ 1.97 billion), which is a 49% increase from the previous month, according to the IME website.
IME is a commodities exchange in Tehran that was founded in 2006 to conduct business with agricultural, industrial and petrochemical products on the spot and futures markets.
Subscribe to the Financial Tribune to continue reading this article, or log into your account if you are already a subscriber.
Find out more about our subscription plans here.