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IME Weekly Report

Volume of Trades Up by 4%

Within the week ending on February 16, 2024, the IME witnessed trade of 3,180,635 tonnes of commodities with a total trading value of more than 731 million USD on its physical market.
Volume of Trades Up by 4%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,708,160 tonnes of commodities valued at nearly 506 million USD.

On this floor the IME sold 1,210,277 tonnes of cement, 745,000 tonnes of iron ore, 392,000 tonnes of sponge iron, 344,103 tonnes of steel, 8,660 tonnes of copper, 7,880 tonnes of aluminum and 250 tonnes of molybdenum concentrate.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 469,613 tonnes of commodities worth more than 219 million USD.

Commodities traded on this floor included 167,000 tonnes of vacuum bottom, 101,918 tonnes of polymeric products, 100,342 tonnes of bitumen, 53,000 tonnes of lube cut, 33,608 tonnes of chemicals, 9,150 tonnes of sulfur, 4,133 tonnes of oil, 260 tonnes of feedstocks and 100 tonnes of waterproofing materials.

The IME also traded within the same week 2,861 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50091782

Published on: Saturday, February 17, 2024 14:00

Source: IME PR

View count: 44

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