Baku, Azerbaijan, May 12
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 12 are:
International ring:
-1,000 tons of aviation fuel (ATK) from National Iranian Oil Products Distribution Company for Armenia,
Domestic ring:
- 1,000 tons of industrial liquid gas from Bandar Imam Petrochemical Company;
-828 tons of Iso feed from Tabriz Oil Refining Company;
- 4,800 cubic meters of 404 solvent from Tabriz Oil Refining Company;
- 4.2 million liters of 402 solvent from Tabriz Oil Refining Company;
- 1,199 tons of Iso recycle from Tabriz Oil Refining Company.
Total value of the deals in the rings amounted to 314.94 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 12)