Baku, Azerbaijan, July 21
Trend:
The products traded at Iran Energy Exchange (IRENEX) on July 21:
International ring:
-1,500 cubic meters of 402 solvent from Isfahan Oil Refining Company.
Domestic ring:
-300 tons of butane from Bandar Imam Petrochemical Company;
-300 tons of industrial liquefied gas from Bandar Imam Petrochemical Company;
-198 tons of heavy cut from Bandar Imam Petrochemical Company;
-280,000 liters of reformate from Tabriz Oil Refining Company;
-984,000 liters of 402 solvent from Tabriz Oil Refining Company.
Total value of the deals in the rings amounted to 85.1 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 = 43,500 rials on July 21)