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IME Weekly Report

Value of Trades Up by 167 %

Within the week ending on May 13, 2022, the IME played host to trading 2,431,657 tonnes of commodities worth almost 854 million USD, logging growths of 88% and 167% in volume and value of traded compared with the week before that.
Value of Trades Up by 167 %

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,049,000 tonnes of commodities valued at nearly 526 million USD.

On this floor the IME sold 1,093,491 tonnes of cement, 471,000 tonnes of iron ore, 423,675 tonnes of steel, 55,500 tonnes of sponge iron, 9,450 tonnes of aluminum, 14,240 tonnes of copper, 725 tonnes of lead, 580 tonnes of zinc and 200 tonnes of molybdenum concentrate.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 319,092 tonnes of commodities worth more than 311 million USD.

Commodities traded on this floor included 62,490 tonnes of bitumen, 127,830 tonnes of polymeric products, 54,500 tonnes of lube cut, 41,750 tonnes of vacuum bottom, 55,884 tonnes of chemicals, 10,615 tonnes of sulfur, 5,722 tonnes of base oil, 100 tonnes of insulation and 90 tonnes of argon.

The IME also traded within the same week 24,046 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50077604

Published on: Saturday, May 14, 2022 12:00

Source: IME PR

View count: 67

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