IME Weekly Report

2 million tonnes of Commodities Changed Hands on IME

Within the week ending on August 5, 2022, the IME witnessed trade of 2,094,115 tonnes of commodities with a total trading value of more than 482 million USD, logging growths of 1% and 11% in volume and value of traded compared with the week before that.
2 million tonnes of Commodities Changed Hands on IME

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 1,677,000 tonnes of commodities valued at more than 269 million USD.

On this floor the IME sold 866,110 tonnes of cement, 460,000 tonnes of iron ore, 235,974 tonnes of steel, 61,500 tonnes of sponge iron, 36,025 tonnes of zinc, 13,350 tonnes of aluminum, 5,729 tonnes of copper, 30 tonnes of molybdenum concentrate, 30 tonnes of precious metals concentrate and 12 kg of gold bars.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 408,439 tonnes of commodities worth nearly 212 million USD.

Commodities traded on this floor included 82,507 tonnes of polymeric products, 87,000 tonnes of vacuum bottom, 49,000 tonnes of lube cut, 39,761 tonnes of chemicals, 2,625 tonnes of sulfur, 5,737 tonnes of base oil, 200 tonnes of insulation and 137,729 tonnes of bitumen.

The IME also traded within the same week 5,343 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50078191

Published on: Saturday, August 6, 2022 12:00

Source: IME PR

View count: 27

Monday, August 15, 2022 21:22

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