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IME Weekly Report

2.1 million tonnes of Commodities Changed Hands on IME

Within the week ending on January 13, 2023, the IME witnessed trade of 2,165,000 tonnes of commodities with a total trading value of more than 950 million USD on its physical market.
2.1 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 1,679,139 tonnes of commodities valued at nearly 705 million USD.

On this floor the IME sold 1,006,174 tonnes of cement, 604,600 tonnes of steel, 83,000 tonnes of iron ore, 10,025 tonnes of aluminum, 8,035 tonnes of copper, 900 tonnes of zinc, 500 tonnes of lead, 200 tonnes of molybdenum concentrate, 24 kg of gold bars and 10,792 vehicles.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 407,876 tonnes of commodities worth more than 223 million USD.

Commodities traded on this floor included 134,857 tonnes of bitumen, 98,000 tonnes of vacuum bottom, 96,649 tonnes of polymeric products, 39,390 tonnes of chemicals, 31,000 tonnes of lube cut, 6,075 tonnes of base oil, 1,800 tonnes of petroleum products and 955 tonnes of sulfur.

The IME also traded within the same week 78,279 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50079163

Published on: Saturday, January 14, 2023 14:00

Source: IME PR

View count: 44

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