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IME Weekly Report

A Mixed Bag of Commodities worth 442 Million UDS Changed Hands on IME

Within the week ending on February 18th, the IME witnessed trade of 718,966 tonnes of commodities with a total trading value of nearly 442 million USD.
A Mixed Bag of Commodities worth 442 Million UDS Changed Hands on IME

According to a report by the IME's international affairs and PR the exchange traded on its mineral and industrial trading floor 396,872 tonnes of commodities worth nearly 272 million USD.

On this floor, the IME sold 377,074 tonnes of steel, 9,200 tonnes of copper, 7,280 tonnes of aluminum, 150 tonnes of molybdenum concentrate, 18 tonnes of precious metals concentrate, 60 tonnes of lead, 3,000 tonnes of zinc and 24 kg of gold bars.

Next trading floor was the oil and petrochemical with 415,410 tonnes of commodities sold on its both domestic and export pits valued at nearly 170 million USD.

Commodities purchased on this floor included 64,300 tonnes of vacuum bottom, 91,597 tonnes of bitumen, 85,334 tonnes of polymeric products, 39,033 tonnes of chemicals, 26,500 tonnes of lube cut, 3,795 tonnes of base oil, 30 tonnes of argon, 350 tonnes of insulation and 6,500 tonnes of sulfur.

Moreover, the IME saw trade of 5,884 tonnes of various types of commodities on its side market.

Author: IME International Affairs

ID: 50074806

Published on: Sunday, February 21, 2021 12:00

Source: IME PR

View count: 4

Monday, March 1, 2021 01:44

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