Economy, Business And Markets

Bitumen Abounds at IME

Bitumen Abounds at IMEBitumen Abounds at IME

Iran Mercantile Exchange’s export trading board witnessed 76,000 tons of bitumen supplied by Jey Oil Refining Company. About 25,000 tons of the same commodity were also supplied by RK Oil Refining and Energy Company, Tabriz Oil Refining Company, Iran Petro Tech Company, Black Gold Bitumen Company, Fooman Chemical Gostar Company, Memaran-e Tejarat Aftab Holding Company and Hormoan Oil Development Company. Furthermore, Yektabam Company supplied 200 tons of insulation on the same board, the IME reported. An additional 79,900 tons of bitumen, 43,930 tons of polymers, 12,000 tons of vacuum bottoms, 15,000 tons of lube cut oil and 2,000 tons of sulfur were put up on the oil and petrochemicals trading board. The industrial and mining trading board saw 12,000 tons of aluminum oxide supplied by Iran Alumina Company and 400 tons of aluminum ingots of 99.8% purity by Iran Aluminum Company. Finally, 4,000 tons of durum wheat, 4,000 tons of soybeans, 4,000 tons of white sugar, 1,000 tons of unprocessed soybean oil and 10 tons of rice were supplied on the agricultural trading board. Overall, 245,000 tons of goods were supplied on IME’s spot market on Tuesday.