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IME Weekly Report

Volume of Trades Up by 2%

Within the week ending on December 8, 2023, the IME witnessed trade of 3,053,794 tonnes of commodities with a total trading value of more than 650 million USD on its physical market.
Volume of Trades Up by 2%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,519,824 tonnes of commodities valued at more than 426 million USD.

On this floor the IME sold 1,310,765 tonnes of cement, 647,000 tonnes of iron ore, 438,984 tonnes of steel, 119,000 tonnes of sponge iron, 7,750 tonnes of copper, 7,890 tonnes of aluminum, 365 tonnes of zinc, 200 tonnes of molybdenum concentrate, 75 tonnes of lead and 45 tonnes of precious metals concentrate.

It's worth noting that the IME also traded 5 tonnes of cotton on its agricultural trading floor.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 512,618 tonnes of commodities worth nearly 217 million USD.

Commodities traded on this floor included 190,000 tonnes of vacuum bottom, 153,785 tonnes of bitumen, 94,066 tonnes of polymeric products, 32,000 tonnes of lube cut, 31,269 tonnes of chemicals, 3,923 tonnes of oil, 3,775 tonnes of sulfur and 520 tonnes of feedstocks.

The IME also traded within the same week 21,346 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50091255

Published on: Saturday, December 9, 2023 13:00

Source: IME PR

View count: 26

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