Post by : Shakul
Last week, the State Commodity and Raw Materials Exchange of Turkmenistan showcased remarkable trading activity, achieving a total transaction value surpassing 13 million 66 thousand US dollars.
Official reports indicate that 19 transactions were completed during the auction sessions, drawing international buyers from various countries keen on trading energy products, industrial materials, textiles, and agricultural goods.
Buyers from Uzbekistan, the United Arab Emirates, and Afghanistan acquired liquefied gas produced by state-owned companies Türkmengaz and Türkmenhimiýa. Additionally, desulphurized diesel fraction from Türkmenhimiýa was also snapped up by foreign purchasers.
Among the range of export products sold during the auctions were bedding sets, cottonseed oil fatty acids, dry liquorice root extract, raw silk, and cotton yarn. Buyers from locations such as Hong Kong, Türkiye, Kyrgyzstan, Uzbekistan, and the UAE were involved in these transactions.
Officials noted that the total value of foreign currency transactions exceeded 13 million US dollars, indicating strong international demand for Turkmenistan’s industrial and agricultural offerings.
Domestic representatives also engaged actively at the trading sessions, purchasing base oil, raw fabric, purified cottonseed oil, and wheat flour for their local markets.
Domestic transactions were valued at over 118 million 350 thousand Turkmen manats, underscoring vigorous internal trade alongside export initiatives.
The State Commodity and Raw Materials Exchange stands as a pivotal economic institution in Turkmenistan, fostering international trade collaborations and bolstering exports across diverse sectors, including energy, textiles, and agriculture.
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