IME Monthly Report

Volume of Trades Rose by 11%

Within the month ending on 22nd of July, 2021, the IME witnessed trade of 4,021,000 tonnes of commodities worth more than 1,560 million USD, showing a growth of 11% in volume of trades as compared to the previous month.
Volume of Trades Rose by 11%

 According to a report by the IME's international affair s and PR, within the month, the IME played host to trading 2,555,000 tonnes of commodities on its metals and minerals trading floor, valued at more than 830 million USD.

 On this floor, the exchange saw trades of 821,176 tonnes of steel, 1,252,000 tonnes of cement, 15,785 tonnes of copper, 490 tonnes of molybdenum concentrate, 63 tonnes of precious metals concentrate, 21,495 tonnes of aluminum, 280,500 tonnes of iron ore, 107,785 tonnes of zinc, 400 tonnes of coke, 16,000 tonnes of cast iron, 47,500 tonnes of sponge iron and 34 kg of gold bars.

 Furthermore, there were 1,449,000 tonnes of commodities sold on both domestic and export pits of the IME's oil and petrochemical trading floor with a total trading value of more than 717 million USD.

The IME's customers purchased on this floor 349,831 tonnes of bitumen, 320,321 tonnes of polymeric products, 125,773 tonnes of chemicals, 15,908 tonnes of base oil, 100 tonnes of slops wax, 492,350 tonnes of vacuum bottom, 27,025 tonnes of sulfur, 450 tonnes of argon, 1,030 tonnes of insulation and 113,000 tonnes of lube cut.

 It's worth noting that there was 16,605 tonnes of various types of commodities traded on the IME's side market.

Author: IME International Affairs

ID: 50075812

Published on: Monday, July 26, 2021 18:00

Source: IME PR

View count: 28

Sunday, September 19, 2021 00:42

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