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IME Weekly Report

Commodities Traded on IME Exceeds 2.9 Million Tonnes

Within the week ending on 12 May, 2023, the IME witnessed trade of 2,958,011 tonnes of commodities and 100 vehicles with a total trading value of more than 628 million USD on its physical market.
Commodities Traded on IME Exceeds 2.9 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 2,520,596 tonnes of commodities valued at nearly 427 million USD.

On this floor the IME sold 1,249,659 tonnes of cement, 754,000 tonnes of iron ore, 372,507 tonnes of steel, 131,000 tonnes of sponge iron, 7,415 tonnes of aluminum, 7,025 tonnes of copper, 2,000 tonnes of coke, 780 tonnes of zinc, 200 tonnes of molybdenum concentrate and 100 vehicles.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 428,994 tonnes of commodities worth more than 196 million USD.

Commodities traded on this floor included 133,000 tonnes of vacuum bottom, 127,752 tonnes of bitumen, 97,858 tonnes of polymeric products, 39,388 tonnes of chemicals, 19,000 tonnes of lube cut, 9,000 tonnes of sulfur, 3,466 tonnes of base oil, 900 tonnes of insulation, 500 tonnes of petroleum products and 110 tonnes of gas feedstocks.

The IME also traded within the same week 8,420 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50079817

Published on: Saturday, May 13, 2023 15:00

Source: IME PR

View count: 66

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