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IME Weekly Report

3 Million tonnes of Commodities Changed Hands on IME

Within the week ending on September 15, 2023, the IME witnessed trade of 3,004,222 tonnes of commodities with a total trading value of more than 620 million USD on its physical market.
3 Million tonnes of Commodities Changed Hands on IME

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,415,833 tonnes of commodities valued at nearly 349 million USD.

On this floor the IME sold 1,238,641 tonnes of cement, 707,000 tonnes of iron ore, 303,467 tonnes of steel, 163,100 tonnes of sponge iron, 46,135 tonnes of zinc, 4,980 tonnes of aluminum and 67 tonnes of copper.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 527,595 tonnes of commodities worth more than 255 million USD.

Commodities traded on this floor included 211,589 tonnes of bitumen, 181,000 tonnes of vacuum bottom, 95,617 tonnes of polymeric products, 32,286 tonnes of chemicals, 4,248 tonnes of oil, 1,250 tonnes of sulfur, 702 tonnes of petroleum products, 550 tonnes of waterproofing materials and 530 tonnes of feedstocks.

The IME also traded within the same week 15,293 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50090595

Published on: Sunday, September 17, 2023 10:00

Source: IME PR

View count: 40


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