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IME Weekly Report

2.6 Million Tonnes of Commodities Changed Hands on IME

Within the week ending on March 29, 2024, the IME witnessed trade of 2,694,585 tonnes of commodities with a total trading value of more than 501 million USD on its physical market.
2.6 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 2,247,716 tonnes of commodities valued at more than 301 million USD.

On this floor the IME sold 1,261,286 tonnes of cement, 413,000 tonnes of iron ore, 388,000 tonnes of sponge iron, 180,155 tonnes of steel, 4,975 tonnes of aluminum and 300 tonnes of zinc.

Moreover, the exchange saw trade of 446,373 tonnes of commodities worth almost 198 million USD on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 184,000 tonnes of vacuum bottom, 104,904 tonnes of bitumen, 85,210 tonnes of polymeric products, 39,000 tonnes of lube cut, 23,574 tonnes of chemicals, 5,200 tonnes of sulfur, 4,214 tonnes of oil and 270 tonnes of feedstocks.

Last was the IME's side market on which the exchange traded 496 tonnes of goods.

Author: IME International Affairs

ID: 50092036

Published on: Saturday, March 30, 2024 12:00

Source: IME PR

View count: 18

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