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IME Monthly Report

IME Sold 9 Million tonnes of Commodities within a Month

Within the month ending on September 22, 2022, the IME witnessed trade of 9,857,062 tonnes of commodities with a total trading value of more than 2.4 billion USD on its physical market.
IME Sold 9 Million tonnes of Commodities within a Month

According to a report by the IME's International Affairs and PR, the exchange saw on both domestic and export pits of its oil and petrochemical trading floor, trade of 1,616,000 tonnes of commodities valued at more than 882 million USD.

The IME's customers purchased on this floor 428,010 tonnes of vacuum bottom, 437,720 tonnes of bitumen, 424,602 tonnes of polymeric products, 142,900 tonnes of lube cut, 138,754 tonnes of chemicals, 25,900 tonnes of sulfur, 18,692 tonnes of oil and 1,980 tonnes of insulation.

Furthermore, the exchange saw trade of more than 8,187,000 tonnes of commodities worth more than 1.5 billion USD on its metals and minerals trading floor.

Items traded on this floor included 4,362,000 tonnes of cement, 1,727,000 tonnes of steel, 1,541,000 tonnes of iron ore, 458,500 tonnes of sponge iron, 36,000 tonnes of aluminum, 74,400 tonnes of zinc, 24,980 tonnes of copper, 790 tonnes of molybdenum concentrate, 200 tonnes of coke, 72 tonnes of precious metals concentrate and 92 kg of gold bars.

Last was the IME's side market on which the exchange traded 52,986 tonnes commodities

Author: IME International Affairs

ID: 50078506

Published on: Saturday, September 24, 2022 17:00

Source: IME PR

View count: 94

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