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IME Weekly Report

Commodities Traded on IME Exceeds 1,582,000 Tonnes

Within the week ending on December 31th, 2021, the IME witnessed trade of 1,582,000 tonnes of commodities with a total trading value of more than 420 million USD on its physical market.
Commodities Traded on IME Exceeds 1,582,000 Tonnes

According to a report by the IME's international affairs and PR, the exchange traded on its metals and minerals trading floor 1,264,000 tonnes of commodities valued at almost 238 million USD.

On this floor, the IME's customers purchased 962,456 tonnes of cement, 200,565 tonnes of steel, 37,000 tonnes of sponge iron, 26,500 tonnes of zinc dust, 20,000 tonnes of iron ore, 10,940 tonnes of aluminum, 7,961 tonnes of copper, 1,200 tonnes of zinc ingots, 160 tonnes of molybdenum concentrate and 2 kg of gold bars.

Furthermore, the IME saw trade 310,566 tonnes of commodities on both domestic and export pits of its oil and petrochemical trading floor valued almost 177 million USD.

Commodities sold on this floor included 99,939 tonnes of bitumen, 78,773 tonnes of polymeric products, 77,000 tonnes of vacuum bottom, 29,437 tonnes of chemicals, 22,000 tonnes of lube cut, 3,286 tonnes of base oil, 1,000 tonnes of sulfur, 120 tonnes of argon and 25 tonnes of insulation.

Last but not least was the IME's side market with 7,013 tonnes of commodities traded on it.

Author: IME International Affairs

ID: 50076744

Published on: Saturday, January 1, 2022 12:00

Source: IME PR

View count: 37

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