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IME Weekly Report

IME Touched Higher Records in Value and Volume of Trades

Within the week ending on September 2, 2022, the IME witnessed trade of 2,056,000 tonnes of commodities with a total trading value of more than 485 million USD, posting growths of 10% in volume and 33% 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 1,669,000 tonnes of commodities valued at more than 279 million USD.

Commodities sold on this floor included 1,035,636 tonnes of cement, 270,000 tonnes of iron ore, 268,573 tonnes of steel, 76,000 tonnes of sponge iron, 8,875 tonnes of zinc, 5,850 tonnes of aluminum, 4,570 tonnes of copper, 200 tonnes of molybdenum concentrate, 39 tonnes of precious metals concentrate, 27 kg of gold bars and 481 Haima SUV automobiles.

Furthermore, the IME saw on both domestic and export pits of its oil and petrochemical trading floor 384,905 tonnes of commodities worth nearly 204 million USD.

The IME's customers purchased on this floor 92,276 tonnes of polymeric products, 93,000 tonnes of vacuum bottom, 38,000 tonnes of lube cut, 34,058 tonnes of chemicals, 11,700 tonnes of sulfur, 3,948 tonnes of base oil, 340 tonnes of insulation and 110,295 tonnes of bitumen.

Last but not least was the IME's side market with 1,752 tonnes of commodities traded on it.

Author: IME International Affairs

ID: 50078382

Published on: Saturday, September 3, 2022 12:00

Source: IME PR

View count: 69

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