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IME Weekly Report

Volume of Trades Up by 36%

Within the week ending on April 12, 2024, the IME witnessed trade of 3,083,537 tonnes of commodities with a total trading value of more than 803 million USD, posting growths of 36% and 75% in volume and value of trades compared with the week before that.
Volume of Trades Up by 36%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,445,258 tonnes of commodities valued at more than 532 million USD.

On this floor the IME sold 1,292,713 tonnes of cement, 505,000 tonnes of iron ore, 490,443 tonnes of steel, 125,500 tonnes of sponge iron, 22,000 tonnes of aluminum, 9,375 tonnes of copper, 200 tonnes of molybdenum concentrate and 27 tonnes of precious metals concentrate.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 612,997 tonnes of commodities worth more than 268 million USD.

Commodities traded on this floor included 223,097 tonnes of bitumen, 289,000 tonnes of vacuum bottom, 103,217 tonnes of polymeric products, 36,679 tonnes of chemicals, 30,015 tonnes of sulfur, 28,000 tonnes of lube cut, 4,433 tonnes of oil and 480 tonnes of feedstocks.

The IME also traded within the same week 25,252 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50092103

Published on: Saturday, April 13, 2024 15:00

Source: IME PR

View count: 7

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