IME Monthly Report

IME Sold 2,700,000 Tonnes of Commodities within a Month

Within the month ending on April, 20th, 2021, the IME witnessed trade of 2,700,000 tonnes of commodities worth 1.5 billion USD, showing 350% and 54% of growth in volume and value of trades respectively year-on-year.
IME Sold 2,700,000 Tonnes of Commodities within a Month

 According to a report by the IME's international affairs and PR, on its metal and mineral trading floor the exchange traded within that month 1,421,000 tonnes of commodities worth more than 790 million USD.

Commodities purchased were 1,097,000 tonnes of steel, 11,780 tonnes of copper, 360 tonnes of molybdenum concentrate, 11,325 tonnes of aluminum, 400 tonnes of coke, 300,000 tonnes of iron ore, 200 tonnes of cast iron and 100 tonnes of lead.

Oil and petrochemical was the next trading floor on which the IME saw trades of more than 1,318,000 tonnes of various types of commodities in both its domestic and export rings with a trading value of more than 700 million USD.

 On this floor the IME traded 354,567 tonnes of bitumen, 237,258 tonnes of polymeric products, 124,668 tonnes of chemicals, 12,446 tonnes of base oil and 460,100 tonnes of vacuum bottom.

 There were also 10,040 tonnes of sulfur, 310 tonnes of argon, 500 tonnes of insulation rolls and 111,200 tonnes of lube cut traded on the same floor.

Moreover, on its agricultural trading floor the IME saw trade of 2,500 kg of saffron.

The last trading floor was the IME's side market with 3,754 tonnes of commodities - not listed on the exchange's main spot market - sold on it.

 

Author: IME International Affairs

ID: 50075121

Published on: Sunday, April 25, 2021 10:00

Source: IME PR

View count: 25

Saturday, June 19, 2021 08:16

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