Baku, Azerbaijan, May 30
Trend:
The products traded at Iran Energy Exchange (IRENEX) on May 30 are:
Domestic ring:
-100 tons of methanol from Zagros Petrochemical Company;
-10,010 tons of gas condensates from Ilam Gas Refining Company;
-2,000 tons of Iso Recycle from Bandar Abbas Oil Refining Company;
-1.98 million liters of 402 solvent from Bandar Abbas Oil Refining Company.
Total value of the deals in the rings amounted to 433.1 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 30)