Copper on the Iran Mercantile Exchange
Physical Copper trades on the Iran Mercantile Exchange: 5 distinct goods and 12 sellers across 6 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 11/4/26. Every figure on this page is read from that official record.
Volume-weighted settlement
3,327,582Toman / kg
▲ 861.8% versus the session of 11/3/26
Tonnage traded
235t
4 × goods · 4 × mill
Demand to supply
0.10×
Share of supply sold: 10.3%
Over base price
0.0%
Value traded: 782 bn Toman
Price trend
Monthly volume-weighted settlement of “Copper” — this group’s benchmark good, not an average across different products.
3,163,480Toman / kg
▲ 4.0% vs previous month
▲ 203.4% vs the same month last year
- Low
- 197,993
- High
- 3,163,480
- Open
- 207,615
- Last
- 3,163,480
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.
Monthly trend for Sim V Mftvl Msi
Close chart- Low
- 526,391
- High
- 3,419,669
- Open
- 536,899
- Last
- 3,419,669
no trade for over 21 days
| Copper | 11/1/26 | 3,141,551 | ▼ 1.4% | 121,700 | 1 |
| Copper | 11/4/26 | 3,319,674 | ▼ 0.3% | 72,935 | 3 |
| Copper ( G ) | 11/3/26 | 4,760 | ▲ 2.3% | 27,600 | 1 |
| Copper 2 | 11/1/26 | 3,011,500 | ▲ 12.3% | 9,130 | 1 |
| Sim V Mftvl Msi | 11/4/26 | 3,381,620 | ▼ 0.2% | 4,005 | 1 |
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.
0.60× this month against a 0.59× average over the previous 6 months — more competition than usual.
| Month | Supply (t) | Demand (t) | Demand to supply | Share of supply sold |
|---|---|---|---|---|
| Oct 2026 | 22,280 | 13,410 | 0.60 | 52.7% |
| Sept 2026 | 33,805 | 32,070 | 0.95 | 65.6% |
| Aug 2026 | 49,485 | 34,690 | 0.70 | 53.4% |
| Jul 2026 | 42,325 | 21,915 | 0.52 | 43.3% |
| Jun 2026 | 42,650 | 17,940 | 0.42 | 33.8% |
| May 2026 | 48,425 | 17,260 | 0.36 | 31.1% |
| Apr 2026 | 40,280 | 24,180 | 0.60 | 50.5% |
| Mar 2026 | 31,030 | 11,765 | 0.38 | 35.3% |
| Feb 2026 | 17,025 | 7,485 | 0.44 | 38.1% |
| Jan 2026 | 49,215 | 20,270 | 0.41 | 36.7% |
| Dec 2025 | 41,485 | 28,855 | 0.70 | 52.8% |
| Nov 2025 | 51,515 | 37,975 | 0.74 | 50.8% |
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.
| Mill | Tonnage, 1 year | Share | Last session traded | Settlement |
|---|---|---|---|---|
| Iran | 188,140 | 79.9% | 11/4/26 | 3,330,044 |
| Amir Kabir Kashan Steel | 33,000 | 14.0% | 9/15/26 | 2,707,239 |
| San Rad Binalvd Khrasan | 3,900 | 1.7% | 9/16/26 | 2,681,239 |
| Amir Kabir Kashan Steel | 3,710 | 1.6% | 11/4/26 | 3,381,620 |
| Industries Ms San Rad Khrasan | 1,370 | 0.6% | 11/4/26 | 3,330,044 |
| Industries Ms Kavh | 1,140 | 0.5% | 10/12/26 | 3,313,714 |
| Aria Kabl Fdk | 900 | 0.4% | 10/14/26 | 3,114,782 |
| Industries Ms Mftvli Abhr | 775 | 0.3% | 11/2/26 | 3,330,044 |
| Zhrf Ngar Kavsh Mhr | 550 | 0.2% | 11/3/26 | 3,440,402 |
| Nvid Fraind Albrz | 350 | 0.1% | 11/1/26 | 3,011,500 |
| Group Tvlidi V Bazrgani Satrap Sqfi | 345 | 0.1% | 10/27/26 | 3,482,519 |
| San Rad Binalvd Khrasan | 310 | 0.1% | 12/9/25 | 1,312,222 |
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: 11/4/26
Last successful fetch: 11/4/26