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IME Weekly Report

A Mixed Bag of More than 600,000 Tonnes of Commodities Sold on IME

Within the week ending on May, 7th, 2021, the IME witnessed trade of 617,484 tonnes of commodities with a total trading value of more than 408 million USD.
 A Mixed Bag of More than 600,000 Tonnes of Commodities Sold on IME

According to a report by the IME's international affairs and PR, the IME traded on its mineral and industrial trading floor, 302,541 tonnes of commodities worth more than 237 million USD.

Products sold on this floor included 248,631 tonnes of steel, 1,320 tonnes of copper, 2,470 tonnes of aluminum, 120 tonnes of molybdenum concentrate and 50,000 tonnes of iron ore concentrate.

 The next trading floor was the IME's oil and petrochemical with 313,650 tonnes of commodities traded on its both domestic and export pits valued at more than 169 million USD.

On  this floor the IME saw trades of 112,500 tonnes of vacuum bottom, 97,695 tonnes of bitumen, 41,578 tonnes of polymeric products, 32,485 tonnes of chemicals, 33,000 tonnes of lube cut, 3,000 tonnes of base oil, 100 tonnes of argon and 1,250 tonnes of sulfur.

 Also, the exchange traded 1,292 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50075205

Published on: Sunday, May 9, 2021 10:00

Source: IME PR

View count: 40

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