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IME Weekly Report

Volume of Trades Up by 31%

Within the week ending on April 7, 2023, the IME witnessed trade of 3,186,478 tonnes of commodities with a total trading value of nearly 689 million USD, posting growths of 31.4% and 47% in volume and value of trades compared with the week before that.
Volume of Trades Up by 31%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,891,122 tonnes of commodities worth more than 521 million USD.
On this floor the IME sold 1,271,683 tonnes of cement, 951,000 tonnes of iron ore, 519,186 tonnes of steel, 134,000 tonnes of sponge iron, 8,850 tonnes of aluminum, 5,675 tonnes of copper, 800 tonnes of zinc and 200 tonnes of molybdenum concentrate.
Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 289,631 tonnes of commodities valued at more than 164 million USD.
Commodities traded on this floor included 94,240 tonnes of polymeric products, 77,000 tonnes of vacuum bottom, 66,639 tonnes of bitumen, 40,764 tonnes of chemicals, 6,200 tonnes of sulfur, 3,461 tonnes of base oil, 1,066 tonnes of petroleum products and 260 tonnes of gas feedstocks.
The IME also traded within the same week 5,725 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50079613

Published on: Saturday, April 8, 2023 17:00

Source: IME PR

View count: 77

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