Baku, Azerbaijan, May 6
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 6 are:
International ring:
- 48 tons of Iso recycle from Shiraz Oil Refining Company.
Domestic ring:
- 200 tons of Iso recycle from Shiraz Oil Refining Company;
-3,000 tons of heavy naphtha from Tehran Oil Refining Company;
- 17,000 kilowatt hours of electricity from Ofogh Tamin Energy Toos ( Toos Steam Power Plant).
Total value of the deals in the rings amounted to 84.257 billion 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 = 42,000 rials on May 6)