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IME Weekly Report

Volume of Trades Up by 7.7%

Within the week ending on July 14, 2023, the IME witnessed trade of 2,658,800 tonnes of commodities with a total trading value of nearly 652 million USD on its physical market.
Volume of Trades Up by 7.7%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,094,221 tonnes of commodities valued at more than 396 million USD.

On this floor the IME sold 1,143,335 tonnes of cement, 614,000 tonnes of iron ore, 201,211 tonnes of steel, 142,100 tonnes of sponge iron, 15,631 tonnes of copper, 6,615 tonnes of aluminum, 1,210 tonnes of zinc, 210 tonnes of molybdenum concentrate and 75 tonnes of precious metals concentrate.

Based on this report, the exchange saw trade of 400 kg of saffron on its agricultural trading floor.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 508,488 tonnes of commodities worth nearly 236 million USD.

Commodities traded on this floor included 151,320 tonnes of bitumen, 150,000 tonnes of vacuum bottom, 124,096 tonnes of polymeric products, 49,708 tonnes of chemicals, 24,000 tonnes of lube cut, 4,678 tonnes of oil, 3,692 tonnes of petroleum products, 825 tonnes of sulfur, 340 tonnes of water proofing material and 100 tonnes of feedstocks.

The IME also traded within the same week 56,091 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50080197

Published on: Saturday, July 15, 2023 13:00

Source: IME PR

View count: 56

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