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IME Weekly Report

A Mixed Bag of 740,000 Tonnes of Commodities Traded on IME

Within the week ending on April 23rd, 2021, the IME witnessed traded of 740,132 tonnes of commodities with a total trading value of more than 513 million USD.
A Mixed Bag of 740,000 Tonnes of Commodities Traded on IME

According to a report by the IME's international affairs and PR, there 378,696 tonnes of commodities sold on its mineral and industrial trading floor worth nearly 305 million USD.

 Commodities traded on this floor were 371,751 tonnes of steel, 4,560 tonnes of copper, 2,079 tonnes of aluminum, 120 tonnes of molybdenum concentrate, 200 tonnes of coke and 20 kg of gold bars.

 The next trading floor was the oil and petrochemical with 360,482 tonnes of commodities sold on its valued at more than 208 million USD.

On this floor the exchange traded  82,500 tonnes of vacuum bottom, 120,933 tonnes of bitumen, 75,563 tonnes of polymeric products, 44,904 tonnes of chemicals, 24,000 tonnes of lube cut, 5,215 tonnes of base oil, 110 tonnes of argon and 7,525 tonnes of sulfur.

It's worth noting that the IME also saw trade of 953 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50075117

Published on: Saturday, April 24, 2021 17:00

Source: IME PR

View count: 39

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