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IME Monthly Report

Commodities Traded on IME Exceeds 11 Million Tonnes

Within the month ending on June 20, 2024, the IME witnessed trade of 11,372,275 tonnes of commodities with a total trading value of nearly 2.8 billion USD on its physical market.
Commodities Traded on IME Exceeds 11 Million Tonnes

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor, trade of 9,811,203 tonnes of commodities valued at almost 1.9 billion USD.

On this floor the IME sold 5,300,963 tonnes of cement, 1,870,900 tonnes of iron ore, 1,597,088 tonnes of steel, 987,300 tonnes of sponge iron, 34,170 tonnes of aluminum, 31,060 tonnes of copper, 2,780 tonnes of zinc, 800 tonnes of molybdenum concentrate, 700 tonnes of coke, 200 tonnes of cast iron and 42 tonnes of precious metals concentrate.

Based on this report, the IME saw trade of 4 tonnes of saffron on its agricultural trading floor.

Moreover, the exchange saw trade of 1,358,817 tonnes of commodities worth more than 805 million USD on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 431,300 tonnes of polymeric products, 378,165 tonnes of bitumen, 177,795 tonnes of chemicals, 170,910 tonnes of vacuum bottom, 154,000 tonnes of lube cut, 29,375 tonnes of sulfur, 17,117 tonnes of oil, 1,820 tonnes of feedstocks and 560 tonnes of waterproofing materials.

Last was the IME's side market on which the exchange traded 70,750 tonnes of goods.

Author: IME International Affairs

ID: 500102570

Published on: Saturday, June 22, 2024 16:00

Source: IME PR

View count: 16

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