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IME Weekly Report

3.1 Million Tonnes of Commodities Changed Hands on IME

Within the week ending on June 21, 2024, the IME witnessed trade of 3,183,790 tonnes of commodities with a total trading value of nearly 835 million USD on its physical market.
3.1 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 2,804,287 tonnes of commodities valued at more than 630 million USD.

On this floor the IME sold 1,314,871 tonnes of cement, 588,979 tonnes of steel, 515,000 tonnes of iron ore, 368,950 tonnes of sponge iron, 8,030 tonnes of copper, 7,475 tonnes of aluminum, 570 tonnes of zinc, 200 tonnes of molybdenum concentrate and 12 tonnes of precious metals concentrate.

Furthermore, the exchange saw trade of 234,407 tonnes of commodities worth almost 148 million USD on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 89,448 tonnes of polymeric products, 62,735 tonnes of bitumen, 39,855 tonnes of chemicals, 19,100 tonnes of vacuum bottom, 17,000 tonnes of lube cut, 3,644 tonnes of oil, 2,095 tonnes of sulfur, 330 tonnes of feedstocks and 200 tonnes of waterproofing materials.

Last was the IME's side market on which the exchange traded 13,595 tonnes of goods.

Author: IME International Affairs

ID: 500102566

Published on: Saturday, June 22, 2024 15:00

Source: IME PR

View count: 18

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