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IME Weekly Report

IME Sold 624,000 Tonnes of Commodities in a Week

Within the week ending on June the 11th, 2021, the IME witnessed trade of 634,540 tonnes of various types of commodities with a total trading value of almost 327 million USD.
IME Sold 624,000 Tonnes of Commodities in a Week

According to a report by the IME's international affairs and PR, the exchange sold on its mineral and industrial trading floor 253,528 tonnes of commodities worth nearly 174 million USD.

On this floor the IME sold 159,438 tonnes of steel, 4,620 tonnes of copper, 8,500 tonnes of aluminum, 160 tonnes of molybdenum concentrate, 30 tonnes of precious metals concentrate, 640 tonnes of zinc ingots, 9,500 tonnes of zinc dust, 45,930 tonnes of cement, 1kg of fold bars and 25,000 tonnes of sponge iron.

 Furthermore, within the same week the IME saw trade of 371,224 tonnes of commodities valued at more than 156 million USD.

 The IME's customers purchased on this floor  212,900 tonne of vacuum bottom, 35,048 tonnes of bitumen, 50,339 tonnes of polymeric products, 31,517 tonnes of chemicals, 29,500 tonnes of lube cut, 5,200 tonnes of base oil, 60 tonnes of argon, 4,370 tonnes of sulfur, 290 tonnes of insulation and 2,366 tonnes of PDA TAR.

It's worth noting that the exchange played host to trade of 432 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50075474

Published on: Saturday, June 12, 2021 17:00

Source: IME PR

View count: 45

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