Baku, Azerbaijan, May 9
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 9 are:
Domestic ring:
- 2,400 cubic meters of kerosene from National Iranian Oil Products Distribution Company;
- 1 million liters of 402 solvent from Kermanshah Oil Refining Company;
- 1,012 tons of heavy cut from Shazand Oil Refining Company;
- 1 million liters of 503 solvent from Kermanshah Oil Refining Company;
-2 million liters of raffinate from Kermanshah Oil Refining Company.
Total value of the deals in the rings amounted to 174.2 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 9)