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IME Weekly Report

Volume of Trades Up by 20%

Within the week ending on June 24, 2022, the IME witnessed trade of 2,306,805 tonnes of commodities with a total trading value of almost 640 million USD on its physical market.
Volume of Trades Up by 20%

According to a report by the IME's International Affairs and PR, the exchange saw on its metals and minerals trading floor trade of 2,121,000 tonnes of commodities valued at more than 356 million USD.

On this floor the IME sold 1,457,000 tonnes of cement, 352,687 tonnes of steel, 291,000 tonnes of iron ore, 18,500 tonnes of sponge iron, 930 tonnes of zinc, 7,600 tonnes of aluminum, 6,501 tonnes of copper, 150 tonnes of molybdenum concentrate, 30 tonnes of precious metals concentrate and 4 kg of gold bars.

Furthermore, the IME witnessed on both domestic and export rings of its oil and petrochemical trading floor 166,849 tonnes of commodities worth almost 153 million USD.

Commodities traded on this floor included 87,750 tonnes of polymeric products, 4,000 tonnes of vacuum bottom, 1,000 tonnes of lube cut, 36,863 tonnes of chemicals, 600 tonnes of sulfur, 3,247 tonnes of base oil, 110 tonnes of feed gas, 33,207 tonnes of bitumen and 575 tonnes of insulation.

Based on this report, on the IME's agricultural trading floor, customers purchased 2 tonnes of saffron.

The IME also traded within the same week 18,712 tonnes of commodities on its side market.

Author: IME International Affairs

ID: 50077936

Published on: Saturday, June 25, 2022 12:00

Source: IME PR

View count: 94

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