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IME Weekly Report

Commodities Traded on IME Exceeds 3 Million tonnes

Within the week ending on October 13, 2023, the IME witnessed trade of 3,064,574 tonnes of commodities with a total trading value of nearly 733 million USD on its physical market.
Commodities Traded on IME Exceeds 3 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 2,567,404 tonnes of commodities valued at more than 468 million USD.

On this floor the IME sold 1,229,740 tonnes of cement, 702,000 tonnes of iron ore, 47,519 tonnes of steel, 146,000 tonnes of sponge iron, 8,410 tonnes of copper, 6,380 tonnes of aluminum, 1,185 tonnes of zinc, 225 tonnes of cast iron and 200 tonnes of molybdenum concentrate.

Based on this report, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 479,739 tonnes of commodities worth almost 255 million USD.

Commodities traded on this floor included 173,000 tonnes of vacuum bottom, 111,018 tonnes of bitumen, 107,305 tonnes of polymeric products, 46,500 tonnes of lube cut, 36,828 tonnes of chemicals, 2,280 tonnes of sulfur, 2,084 tonnes of oil, 940 tonnes of waterproofing materials, 750 tonnes of petroleum products and 190 tonnes of feedstocks.

The IME also traded within the same week 17,431 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50090842

Published on: Saturday, October 14, 2023 14:00

Source: IME PR

View count: 30

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