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IME Weekly Report

Commodities Traded on IME Exceeds 2.1 million tonnes

Within the week ending on January 20, 2023, the IME witnessed trade of 2,077,181 tonnes of commodities and 10,155 vehicles with a total trading value of more than 813 million USD on its physical market.
Commodities Traded on IME Exceeds 2.1 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 1,715,839 tonnes of commodities valued at more than 597 million USD.

On this floor the IME sold 860,447 tonnes of cement, 440,000 tonnes of iron ore, 356,207 tonnes of steel, 42,000 tonnes of sponge iron, 9,125 tonnes of aluminum, 8,500 tonnes of copper, 1,625 tonnes of zinc, 200 tonnes of molybdenum concentrate, 13 kg of gold bars and 10,155 vehicles.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 357,301 tonnes of commodities worth almost 211 million USD.

Commodities traded on this floor included 134,857 tonnes of bitumen, 75,000 tonnes of vacuum bottom, 90,536 tonnes of polymeric products, 17,000 tonnes of lube cut, 31,930 tonnes of chemicals, 12,050 tonnes of sulfur, 4,665 tonnes of base oil, 500 tonnes of petroleum products and 200 tonnes of insulation.

The IME also traded within the same week 4,041 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50079192

Published on: Saturday, January 21, 2023 11:00

Source: IME PR

View count: 15

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