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Iran Energy Exchange performance on July 24

Business Materials 24 July 2018 19:50 (UTC +04:00)

Baku, Azerbaijan, July 24

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The products traded at Iran Energy Exchange (IRENEX) on July 24:

Domestic ring:

- 850 tons of methanol from Zagros Petrochemical Company;

- 2,002 tons of methanol from Shiraz Petrochemical Company;

- 1,523 tons of Iso recycle from Tehran Oil Refining Company;

- 920,000 liters of reformate from Tabriz Oil Refining Company;

- 500,000 liters of naphtha and 410 solvent blend from Shiraz Oil Refining Company;

- 2.4 million liters of 402 solvent from Tabriz Oil Refining Company;

- 3 million liters of 402 solvent from Tehran Oil Refining Company;

- 40 tons of gas condensate from Razi Petrochemical Company.

Total value of the deals in the rings amounted to 265.68 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 24‎)

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