Copper Tops Iran Mercantile Exchange Physical Trading Value for Second Straight Week at 12,889 Billion Tomans

Copper topped the weekly trading value table on the Iran Mercantile Exchange's physical market for a second consecutive week in the week ending August 7, 2026 (16 Mordad 1405), even as the number of trading days fell to four, recording 12,889 billion tomans in value, Boursenews reported. Blister bloom copper ingots followed with 8,549 billion tomans and iron ore pellets with 5,625 billion tomans. By volume, cement remained the most heavily traded commodity at 1,105,000 tonnes, with iron ore pellets and concentrate in second and third place. The rise in copper's trading value comes as global copper prices have climbed to fresh records in recent weeks.