Baku, Azerbaijan, May 14
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 14 are:
Domestic ring:
- 3,750 tons of methanol from Zagros Petrochemical Company;
- 6,000 cubic meters of CSO from Shazand Oil Refining Company;
- 418 tons of pentane from Kermanshah Oil Refining Company;
- 510,000 liters of solvent 400 from Isfahan Oil Refining Company;
- 3 million liters of solvent 402 from Isfahan Oil Refining Company;
- 2,400 cubic meters of kerosene from Isfahan Oil Refining Company;
- 516,000 liters of solvent 410 from Isfahan Oil Refining Company;
- 150 tons of light fuel oil from Tabriz Petrochemical Company;
- 100 tons of heavy cut from Tabriz Petrochemical Company;
- 1,012 tons of heavy cut from Shazand Petrochemical Company.
Total value of the deals in the rings amounted to 372.05 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 14)