Baku, Azerbaijan, Sept. 4
Trend:
The products traded at Iran Energy Exchange (IRENEX) on Sept. 4:
Domestic ring:
-600,000 liters of reformate from Tabriz Oil Refining Company;
-2,607 tons of methanol from Shiraz Petrochemical market.
Total value of the deals in the rings amounted to 70.289 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. 4)