Baku, Azerbaijan, July 11
Trend:
The products traded at Iran Energy Exchange (IRENEX) on July 11:
International ring:
-2,004 cubic meters of 402 solvent from Isfahan Oil Refining Company;
Domestic ring:
-200 tons of Iso recycle from Isfahan Oil Refining Company;
-175 tons of methanol from Zagros Petrochemical Company;
-10,002 cubic meters of CSO from Shazand Oil Refining Company;
-2,000 tons of heavy naphtha from Tehran Oil Refining Company;
-1,500 tons of Iso recycle from Shiraz Oil Refining Company;
-1 million liters of 404 solvent from Shiraz Oil Refining Company;
-1 million liters of 410 solvent and naphtha blending from Shiraz Oil Refining Company;
-3,000 tons of Iso recycle from Bandar Abbas Oil Refining Company;
-1,012 tons of heavy cut from Shazand Petrochemical Company;
-1,035 tons of extract from Sepahan Oil Company.
Total value of the deals in the rings amounted to 510.85 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 = 43,000 rials on July 11)