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IME Weekly Report

Trade of 385 million Dollars' Worth of Commodities

Within a week ending on September 24th, 2021, the IME witnessed trade of 1,553,000 tonnes of commodities valued at 385 million USD on its physical market.
Trade of 385 million Dollarsꞌ Worth of Commodities

 According to a report by the IME's international affair and PR, within the week, the exchange traded 1,144,000 tonnes of commodities worth almost 184 million USD.

On this floor, the IME's customers purchased 910,000 tonnes of cement, 234,776 tonnes of steel, 1,000 tonnes of copper, 5,360 tonnes of aluminum, 150 tonnes of molybdenum concentrate, 15 tonnes of precious metals concentrate, 1200 tonnes of zinc, 200 tonnes of coke, 40 kg of gold bars and 1,500 tonnes of sponge iron.

Furthermore, the IME saw trade 398,817 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued at more than 196 million USD.

 Commodities sold on this floor included 133,000 tonnes of vacuum bottom, 130,763 tonnes of bitumen, 81,952 tonnes of polymeric products, 34,538 tonnes of chemicals, 1,000 tonnes of lube cut, 3,590 tonnes of base oil, 2,500 tonnes of slops wax, 440 tonnes of insulation and 9,000 tonnes of sulfur.

It's worth noting that the exchange finally experienced trade of 11,047 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50076149

Published on: Saturday, September 25, 2021 16:00

Source: IME PR

View count: 19

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