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IME Weekly Report

IME Touched Higher Records in Value and Volume of Trades

Within the week ending on April 29th, 2022, the IME witnessed trade of 1,805,449 tonnes of commodities with a total trading value of more than 667 million USD, posting growths of 5% in volume and 21% 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 1,296,000 tonnes of commodities valued at more than 401 million USD.

Commodities sold on this floor included 1,040,026 tonnes of cement, 367,633 tonnes of steel, 53,500 tonnes of sponge iron, 8,450 tonnes of aluminum, 6,000 tonnes of iron ore, 5,000 tonnes of copper, 194 tonnes of zinc, 150 tonnes of molybdenum concentrate, 40 tonnes of lead and 13 kg of gold bars.

Furthermore, the IME saw on both domestic and export pits of its oil and petrochemical trading floor 319,092 tonnes of commodities worth almost 250 million USD.

The exchange customers purchased on this floor 80,285 tonnes of bitumen, 79,318 tonnes of polymeric products, 60,000 tonnes of lube cut, 43,900 tonnes of vacuum bottom, 40,625 tonnes of chemicals, 10,880 tonnes of sulfur, 4,041 tonnes of base oil, 100 tonnes of insulation and 50 tonnes of argon.

On its agricultural trading floor the exchange saw offering of 5 tonnes of saffron.

Last but not least was the IME's side market with 5,778 tonnes of commodities traded on it.

Author: IME International Affairs

ID: 50077549

Published on: Saturday, April 30, 2022 11:00

Source: IME PR

View count: 28

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