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IME Monthly Report

13 Million tonnes of Commodities Changed Hands on IME

Within the month ending on 20 January, 2024, the IME witnessed trade of 13,986,385 tonnes of commodities, 29 vehicles and 4 apartment units with a total trading value of nearly 3 billion USD on its physical market, logging growths of 16.7% in volume and 7% in value of trades compared with the month before that.
13 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 11,144,000 tonnes of commodities and 29 vehicles valued at almost 2 billion USD.

On this floor the IME sold 4,900,284 tonnes of cement, 4,249,500 tonnes of iron ore, 1,725,807 tonnes of steel, 520,500 tonnes of sponge iron, 69,725 tonnes of zinc, 36,206 tonnes of copper, 32,835 tonnes of aluminum, 800 tonnes of molybdenum concentrate, 600 tonnes of coke, 200 tonnes of cast iron, 175 tonnes of lead, 57 tonnes of precious metals concentrate and 29 vehicles.

It's worth noting that the IME also traded 4 apartment units on its real estate and housing trading floor.

Moreover, the exchange saw trade of 2,361,184 tonnes of commodities worth more than 1 billion USD on both domestic and export rings of its oil and petrochemical trading floor.

Items traded on this floor included 754,131 tonnes of bitumen, 737,400 tonnes of vacuum bottom, 419,600 tonnes of polymeric products, 223,500 tonnes of lube cut, 152,463 tonnes of chemicals, 46,500 tonnes of sulfur, 17,819 tonnes of oil, 9,612 tonnes of petroleum products, 1,860 tonnes of feedstocks, 1,148 tonnes of waterproofing materials and 500 tonnes of slops wax.

Last was the IME's side market on which the exchange traded 122,990 tonnes of goods.

Author: IME International Affairs

ID: 50091596

Published on: Sunday, January 21, 2024 16:00

Source: IME PR

View count: 15

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