Baku, Azerbaijan, Sept. 1
Trend:
The products traded at Iran Energy Exchange (IRENEX) on Sept. 1:
International ring:
-984 cubic meters of 402 solvent from Isfahan Oil Refining Company.
Domestic ring:
-250 tons of liquefied industrial gas from Bandar Imam Petrochemical Company;
-198 tons of heavy cut from Bandar Imam Petrochemical Company;
-3,000 tons of heavy naphtha from Tehran Oil Refining Company;
-1.02 million liters of 402 solvent from Tehran Oil Refining Company;
-810,000 liters of 503 solvent from Bistoun Petrochemical Company;
-540,000 liters of 502 solvent from Bistoun Petrochemical Company;
-540,000 liters of 402 solvent from Bistoun Petrochemical Company.
Total value of the deals in the rings amounted to 184.12 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 = 42,000 rials on Sept. 1)