Baku, Azerbaijan, August 21
Trend:
The products traded at Iran Energy Exchange (IRENEX) on Aug. 21 are:
Domestic ring:
- 1,551 tons of methanol from Shiraz Petrochemical Company;
- 500 tons of heavy cut from Jam Petrochemical Company.
Total value of the deals in the rings amounted to 34,326.1 million 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 Aug. 21)