Baku, Azerbaijan, July 23
Trend:
The products traded at Iran Energy Exchange (IRENEX) on July 23:
Domestic ring:
-2,000 tons of reformate from Bou-Ali-Sina Petrochemical Company;
-2,150 tons of methanol from Zagros Petrochemical Company;
-150 tons of light fuel oil from Tabriz Petrochemical Company;
-300 tons of heavy cut from Tabriz Petrochemical Company;
-506 tons of pentane plus from Pars Petrochemical Company;
-10,000 kilowatt hours of electricity from Ofogh Tamin Energy Toos (Toos Steam Power Plant);
-1,035 tons of extract from Sepahan Oil Company;
-6,000 kilowatt hours of electricity from MAPNA Parand Power Generation Company;
- 600,000 kilowatt hours of electricity from Tadbirsazan Saramad (Urmia Power Plant).
Total value of the deals in the rings amounted to 196.23 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 = 43,600 rials on July 23)