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Copper on the Iran Mercantile Exchange

Physical Copper trades on the Iran Mercantile Exchange: 5 distinct goods and 12 sellers across 5 years of archive. Prices are session settlements in Toman per kilogram, ex-works at the mill warehouse, before VAT and freight.

Latest official session

Session of 9/16/26. Every figure on this page is read from that official record.

Volume-weighted settlement

2,681,239Toman / kg

▼ 1.5% versus the session of 9/15/26

Tonnage traded

20t

1 × goods · 1 × mill

Demand to supply

0.00×

Share of supply sold: 0.0%

Over base price

0.0%

Value traded: 54 bn Toman

Price trend

Monthly volume-weighted settlement of “Copper” — this group’s benchmark good, not an average across different products.

2,465,658Toman / kg

▲ 14.1% vs previous month

▲ 250.3% vs the same month last year

336,5531,009,6591,682,7652,355,8712021-042022-052023-062024-072025-082026-09
Low
197,993
High
2,465,658
Open
207,615
Last
2,465,658

Goods in this group

5 goods traded in the past year, by tonnage. Each price is that good’s settlement in the last session it traded in, with the date beside it.

no trade for over 21 days

Copper9/13/262,603,143▲ 4.6%121,6402
Copper9/16/262,681,239073,6201
Copper ( G )9/13/264,139▲ 3.5%27,9001
Copper 29/6/262,353,500▲ 3.0%10,4601
Sim V Mftvl Msi9/15/262,720,848▲ 4.5%4,2252

Supply and demand

Registered demand divided by supply, month by month. Above 1 means buyers competed for more than was offered. Each offer counts once, even when it settled at several prices.

0.72× this month against a 0.45× average over the previous 6 months — more competition than usual.

MonthSupply (t)Demand (t)Demand to supplyShare of supply sold
Aug 202639,13028,2900.7255.3%
Jul 202642,32521,9150.5243.3%
Jun 202642,65017,9400.4233.8%
May 202648,42517,2600.3631.1%
Apr 202640,28024,1800.6050.5%
Mar 202631,03011,7650.3835.3%
Feb 202617,0257,4850.4438.1%
Jan 202649,21520,2700.4136.7%
Dec 202541,48528,8550.7052.8%
Nov 202551,51537,9750.7450.8%
Oct 202537,04533,7800.9159.9%
Sept 202546,31539,4100.8557.6%

Seasonal pattern

Average month-on-month change in “Copper” across complete archive years. Measuring change month to month leaves annual inflation out of the figure by construction, so what remains is the month’s own behaviour.

  • Farvardin5.6%4 years
  • Ordibehesht0.5%5 years
  • Khordad3.2%5 years
  • Tir1.1%5 years
  • Mordad1.5%5 years
  • Shahrivar0.8%5 years
  • Mehr8.3%5 years
  • Aban2.8%5 years
  • Azar5.5%5 years
  • Dey10.7%5 years
  • Bahman14.6%5 years
  • Esfand6.2%5 years

Largest sellers

By tonnage actually traded over the past 12 months. Each mill’s price is its own latest session, not a multi-year average.

MillTonnage, 1 yearShareLast session tradedSettlement
Iran189,74079.8%9/14/262,681,239
Amir Kabir Kashan Steel38,73016.3%9/15/262,707,239
San Rad Binalvd Khrasan3,9001.6%9/16/262,681,239
Industries Ms Kavh1,3300.6%9/14/262,681,239
Aria Kabl Fdk9050.4%5/9/261,988,811
Industries Ms Mftvli Abhr7100.3%9/9/262,562,242
Zhrf Ngar Kavsh Mhr6050.3%9/15/262,761,676
Industries Group Kablsazi Afq Albrz3900.2%5/11/262,017,311
Group Tvlidi V Bazrgani Satrap Sqfi3350.1%7/21/262,156,968
Tmas3200.1%7/19/262,024,100
San Rad Binalvd Khrasan3100.1%12/9/251,312,222
Nvid Fraind Albrz1800.1%9/6/262,353,500
How to read this page

The exchange publishes Rial per kilogram; only the currency is converted here, to Toman per kilogram. VAT, fees and freight are not added.

These are session trades, not a live tick. Each good trades in its own session, so “previous session” means that good’s own previous session, not yesterday.

Every average is weighted by tonnage: a 5,000-tonne lot and a 25-tonne lot do not move the figure equally.

The seasonal pattern and the demand-to-supply ratio describe past behaviour. Neither is a price forecast.

Official data source: Iran Mercantile Exchange

Latest session available: 9/16/26

Last successful fetch: 9/16/26