Baku, Azerbaijan, Dec. 12
By Fatih Karimov– Trend:
The products traded at Iran Energy Exchange (IRENEX) on Dec. 12 are:
Domestic ring:
-120,000 liters of 404 solvent from Shiraz Oil Refining Company;
- 475 tons of methanol from Zagros petrochemical company;
- 1,529 tons of methanol from Shiraz petrochemical company;
Total value of the deals in the ring amounted to 31.17 billion rials (1 USD = 35,000 rials).
IRENEX is a market for trading energy futures and commodities, including oil, gas, electricity, petrochemicals and oil byproducts. It was launched in 2013 as the fourth official Iranian exchange and operates under the supervision and regulations of the Securities and Exchange Organization of Iran.
More than 100 companies, including petrochemical plants, refineries and power plants offer their commodities at the exchange, according to the IRENEX website.