Baku, Azerbaijan, June 2
Trend:
The products traded at Iran Energy Exchange (IRENEX) on June 2:
Domestic ring:
-1,125 tons of methanol from Zagros Petrochemical Company;
-200 tons of industrial propane from Bandar Imam Petrochemical Company;
-420 tons of industrial gas from Bandar Imam Petrochemical Company;
-506 tons of heavy cut from Bandar Imam Petrochemical company;
-1.8 million liters of 402 solvent from Kermanshah oil Refining Company;
-4.2 million liters of 402 solvent from Tabriz oil Refining Company;
-4,200 cubic meters of 404 solvent from Tabriz oil Refining Company;
-595 tons of Iso Feed from Tabriz oil Refining Company;
-575 tons of Iso Recycle from Tabriz Oil Refining Company;
-418 tons of pentane from Kermanshah oil Refining Company;
-1,000 tons of heavy cut from Jam Petrochemical Company;
-5,500 kilowatt hours of electricity from MAPNA Parand Power Generation Company.
Total value of the deals in the rings amounted to 377.84 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 June 2)