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IME Weekly Report

Commodities Traded on IME Exceeds 1,716,000 Tonnes

Within the week ending on April 22nd, 2022, the IME witnessed trade of 1,716,054 tonnes of commodities with a total trading value of more than 552 million USD on its physical market.
Commodities Traded on IME Exceeds 1,716,000 Tonnes

According to a report by the IME's International Affairs and PR, the exchange traded on its metals and minerals trading floor 1,307,000 tonnes of commodities valued at more than 270 million USD.

On this floor, the IME's customers purchased 1,089,446 tonnes of cement, 106,138 tonnes of steel, 43,425 tonnes of aluminum, 22,000 tonnes of sponge iron, 11,035 tonnes of zinc, 9,740 tonnes of copper, 1,000 tonnes of iron ore, 250 tonnes of lead, 150 tonnes of molybdenum concentrate, 24 tonnes of precious metals concentrate and 13 kg of gold bars.

Furthermore, the IME saw trade 365,743 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued at more than 256 million USD.

The exchange's customers purchased on this floor 105,000 tonnes of vacuum bottom, 114,161 tonnes of bitumen, 79,688 tonnes of polymeric products, 36,257 tonnes of chemicals, 15,000 tonnes of lube cut, 9,450 tonnes of sulfur, 4,907 tonnes of base oil, 100 tonnes of insulation and 90 tonnes of argon.

Last but not least was the IME's side market with 43,103 tonnes of commodities traded on it.

Author: IME International Affairs

ID: 50077492

Published on: Sunday, April 24, 2022 10:00

Source: IME PR

View count: 46

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