IME Weekly Report

IME Touched Higher Records in Value and Volume of Trades

Withing the week ending on November 19th, 2021, the IME witnessed trade of 1,953,000 tonnes of commodities with a total trading value of more than 608 million USD, posting growths of 4% in volume and 28% in value of trades compared to the figures of the previous week.
IME Touched Higher Records in Value and Volume of Trades

According to a report by the IME's international affairs and PR, the exchange traded on its metals and minerals trading floor 1,566,000 tonnes of commodities valued at more than 380 million USD.

 

Commodities sold on this floor included 1,000,035 tonnes of cement, 269,829 tonnes of steel, 110,000 tonnes of iron ore, 11,550 tonnes of copper, 9,375 tonnes of aluminum, 7,300 tonnes of sponge iron, 640 tonnes of zinc, 280 tonnes of molybdenum sulfur, 15 tonnes of precious metals concentrate and 20 kg of gold bars.

 

Furthermore, the IME saw on both domestic and export pits of its oil and petrochemical trading floor trade of 882,000 tonnes of commodities worth almost 220 million USD.

 

The IME's customers purchased on this floor 160,229 tonnes of bitumen, 78,686 tonnes of polymeric products, 61,000 tonnes of vacuum bottom, 42,000 tonnes of lube cut, 26,565 tonnes of chemicals, 8,200 tonnes of sulfur, 4,406 tonnes of base oil and 68 tonnes of insulation.

 

It's worth noting that the IME's agricultural trading floor played host to trading 1 tonne of saffron.

 

Last but not least was the IME's side market with 14,889 tonnes of commodities traded on it.

Author: IME International Affairs

ID: 50076494

Published on: Saturday, November 20, 2021 17:00

Source: IME PR

View count: 50

Thursday, December 9, 2021 00:27

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