Economy, Business And Markets

Polymers Abound at IME

Polymers Abound at IMEPolymers Abound at IME

Tuesday trade at Iran Mercantile Exchange saw the offering of about 60,000 tons of polymers by local petrochemical complex on the oil and petrochemical trading floor.

As IME reported, the floor played host to 72 grades of polymers, including styrene butadiene rubber, acrylonitrile butadiene styrene, polyethylene terephthalate, high and low-density polyethylene, chemical polypropylene and polyvinyl chloride. Some 30,000 tons of vacuum bottoms, 27,000 tons of lube-cut oil and 3,800 tons of sulfur were also offered on the same floor.

The export trading floor recorded the offering of 38,000 tons of various grades of bitumen and 300 tons of roof insulation.

Iran Aluminum Company supplied 1,000 tons of billet 7-6063 and 1,000 tons of alloy ingots on the industrial and mining trading floor. Esfahan Steel Company offered 5,706 tons of mixed rebar bundles, 2,000 tons of rebar bundles A3, 12 and 32, as well as 660 tons of I-beams, while 100 tons of zinc ingots of 99.99-percent purity were offered by Zanjan Zinc Khales Sazan Industries Company, priced at 76,500 rials per kg.

The agricultural trading floor featured 11,000 tons of white sugar, 5,000 tons of corn, 4,250 tons of rice, 3,000 tons of rapeseed meal flakes and 4,000 tons of durum wheat.

IME’s secondary market saw the offering of 22 tons of resin polyester terephthalic.

Overall, more than 196,000 tons of different commodities were offered in IME’s spot and secondary markets.