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Weekly review of Turkmenistan's State Commodity and Raw Materials Exchange operations

Economy Materials 17 September 2024 18:27 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, September 17. Last week, the State Commodity Exchange in Turkmenistan struck gold with export deals raking in over $73.5 million, Trend reports.

September 10

State concern Turkmennebit sold $146.900 worth of liquefied gas to the UAE, as well as SN-180 oil totaling more than $3 million.

Tajikistan and Uzbekistan purchased A-92 gasoline from the State Concern for $1.66 million each. Uzbekistan also purchased TS-1 aviation kerosene worth more than $2 million.

The state concern Turkmenhimiya made large shipments of ECO-93 gasoline to Uzbekistan, Pakistan, Afghanistan, Türkiye, and the UAE.

Afghanistan purchased gasoline for a total of more than $16.4 million in four tenders. Uzbekistan for $1.259 million, Pakistan for $3.147 million, Türkiye for $629,500, and the UAE for $3.1 million.

September 11.

Afghanistan inked five deals with Turkmenhimiya State Concern, purchasing ECO 93 gasoline for a total of $37.9 million.

“Turkmennebit” sold hydrotreated diesel fuel worth $286,125 to Uzbekistan, and the UAE purchased SN-350 grade oil worth $1.1 million.

Also, textile products were sold to Ukraine for $54,373.

September 13.

Afghanistan purchased B-grade urea in two bids totaling $1.4 million.

September 14

Bidding in the light industry took place at the Exchange - the UAE bought cotton yarn of two grades - Nm 68/1 (Ne 40/1) and Nm 51/1 (Ne30/1) - for a total of more than $2.1 million in three bids.

Meanwhile, no export trades were held at the exchange on September 9 and 12.

To note, the State Commodity Exchange of Turkmenistan, which came into being on July 29, 1994, keeps its finger on the pulse of export-import transactions in commodities, playing a pivotal role in the game of trade.

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