Baku, Azerbaijan, May 15
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 15 are:
International ring:
- 2,004 cubic meters of solvent 402 from Isfahan Oil Refining Company.
Domestic ring:
- 275 tons of methanol from Zagros Petrochemical Company;
- 2,508 tons of methanol from Shiraz Petrochemical Company;
-2,000 tons of Iso recycle from Bandar Abbas Oil Refining Company.
Total value of the deals in the rings amounted to 151.66 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 15)