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IME Weekly Report

1.9 million tonnes of Commodities Changed Hands on IME

Within the week ending on September 9, 2022, the IME witnessed trade of 1,977,505 tonnes of commodities with a total trading value of more than 464 million USD on its physical market.
1.9 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 1,654,000 tonnes of commodities valued at nearly 274 million USD.

On this floor the IME sold 1,127,146 tonnes of cement, 90,000 tonnes of iron ore, 304,284 tonnes of steel, 103,500 tonnes of sponge iron, 24,945 tonnes of zinc, 10,010 tonnes of aluminum, 5,200 tonnes of copper, 200 tonnes of molybdenum concentrate and 25 kg of gold bars.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 309,826 tonnes of commodities worth more than 181 million USD.

Commodities traded on this floor included 95,246 tonnes of polymeric products, 43,680 tonnes of vacuum bottom, 25,000 tonnes of lube cut, 34,499 tonnes of chemicals, 1,000 tonnes of sulfur, 4,083 tonnes of base oil, 1,050 tonnes of insulation and 105,099 tonnes of bitumen.

The IME also traded within the same week 13,284 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50078418

Published on: Saturday, September 10, 2022 10:00

Source: IME PR

View count: 69

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