Iran Energy Exchange performance on March 7

Business Materials 7 March 2018 19:43 (UTC +04:00)

Baku, Azerbaijan, March 7

By Gazenfer Hamidov – Trend:

The products traded at Iran Energy Exchange (IRENEX) on March 7 are:

International ring:

- 3000 cubic meters of 402 solvent from Isfahan Oil Refining Company.

Domestic ring:

- 100 tons of Iso feed from Tabriz Oil Refining Company;

- 100 tons of Iso recycle from Tabriz Oil Refining Company;

- 198 tons of pentane plus from Pars Petrochemical Company;

- 1,450 cubic meters of CSO from Shazand Oil Refining Company;

- 500 tons of propylene from Shazand Oil Refining Company;

- 294 cubic meters of kerosene from National Iranian Oil Products Distribution Company.

Total value of the deals in the rings amounted to 107,936.65 million 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.

($1 = 37,300 rials on March 7‎)