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

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.

Monthly trend for Copper ( G )

Close chart

Low: 347
High: 4,023
Open: 357
Last: 4,023

no trade for over 21 days


Copper	9/13/26	2,603,143	▲ 4.6%	121,640	2
Copper	9/16/26	2,681,239	0	73,620	1
Copper ( G )	9/13/26	4,139	▲ 3.5%	27,900	1
Copper 2	9/6/26	2,353,500	▲ 3.0%	10,460	1
Sim V Mftvl Msi	9/15/26	2,720,848	▲ 4.5%	4,225	2

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.

Month	Supply (t)	Demand (t)	Demand to supply	Share of supply sold
Aug 2026	39,130	28,290	0.72	55.3%
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%
Oct 2025	37,045	33,780	0.91	59.9%
Sept 2025	46,315	39,410	0.85	57.6%

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.

Mill	Tonnage, 1 year	Share	Last session traded	Settlement
Iran	189,740	79.8%	9/14/26	2,681,239
Amir Kabir Kashan Steel	38,730	16.3%	9/15/26	2,707,239
San Rad Binalvd Khrasan	3,900	1.6%	9/16/26	2,681,239
Industries Ms Kavh	1,330	0.6%	9/14/26	2,681,239
Aria Kabl Fdk	905	0.4%	5/9/26	1,988,811
Industries Ms Mftvli Abhr	710	0.3%	9/9/26	2,562,242
Zhrf Ngar Kavsh Mhr	605	0.3%	9/15/26	2,761,676
Industries Group Kablsazi Afq Albrz	390	0.2%	5/11/26	2,017,311
Group Tvlidi V Bazrgani Satrap Sqfi	335	0.1%	7/21/26	2,156,968
Tmas	320	0.1%	7/19/26	2,024,100
San Rad Binalvd Khrasan	310	0.1%	12/9/25	1,312,222
Nvid Fraind Albrz	180	0.1%	9/6/26	2,353,500

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