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IME Weekly Report

Volume of Trades Up by 19.4%

Within the week ending on January 19, 2024, the IME witnessed trade of 3,908,033 tonnes of commodities with a total trading value of more than 731 million USD on its physical market.
Volume of Trades Up by 19.4%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 3,281,397 tonnes of commodities valued at nearly 464 million USD.

On this floor the IME sold 1,480,000 tonnes of iron ore, 1,191,076 tonnes of cement, 429,975 tonnes of steel, 189,000 tonnes of sponge iron, 9,730 tonnes of copper, 7,650 tonnes of aluminum, 2,210 tonnes of zinc, 200 tonnes of molybdenum concentrate and 18 tonnes of precious metals concentrate.

Moreover, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 546,578 tonnes of commodities worth almost 252 million USD.

Commodities traded on this floor included 160,500 tonnes of vacuum bottom, 158,224 tonnes of bitumen, 108,642 tonnes of polymeric products, 68,500 tonnes of lube cut, 33,527 tonnes of chemicals, 10,710 tonnes of sulfur, 5,807 tonnes of oil, 500 tonnes of slops wax and 320 tonnes of feedstocks.

The IME also traded within the same week 80,058 tonnes of goods on its side market.

Author: IME International Affairs

ID: 50091588

Published on: Saturday, January 20, 2024 16:00

Source: IME PR

View count: 19

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