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IME Monthly Report

50% of Growth in Value of Trades

Within the month ending on September 22nd, 2021, the IME witnessed trade of 8,062,000 tonnes of commodities with a total trading value of almost 2,013 million USD on its physical market, showing 70% and 49% of growth in volume and value of trades respectively, as compared to the month before.
50% of Growth in Value of Trades

 According to a report by the IME's international affairs and PR, the IME sold on its metals and minerals trading floor 6,018,000 tonnes of commodities worth more than 997 million USD.

 Commodities traded on this floor included 1,050,000 tonnes of steel, 4,649,000 tonnes of cement, 19,180 tonnes of copper, 720 tonnes of molybdenum concentrate, 84 tonnes of precious metals concentrate, 28,010 tonnes of aluminum, 250,000 tonnes of iron ore, 16,820 tonnes of zinc, 400 tonnes of coke, 31,000 tonnes of sponge iron and 108 kg of gold bars.

 Furthermore, the exchange saw on both domestic and export pits of its oil and petrochemical trading floor, trade of 2,004,000 tonnes of commodities valued at more than 985 million dollars.

The IME's customers purchased on this floor 521,024 tonnes of bitumen, 417,787 tonnes of polymeric products, 163,169 tonnes of chemicals, 17,029 tonnes of base oil, 3,500 tonnes of slops wax and 643,000 tonnes of vacuum bottom.

Moreover, the IME sold on the same floor 34,645 tonnes of sulfur, 1,610 tonnes of insulation and 194,000 tonnes of lube cut.

It's worth noting that there was also 860 kg of saffron traded on the agricultural trading floor.

Last but not least, the exchange played host to trading 39,198 tonnes of various types of commodities on its side market.

Author: IME International Affairs

ID: 50076152

Published on: Saturday, September 25, 2021 17:00

Source: IME PR

View count: 25

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