Baku, Azerbaijan, Sept. 5
By Fakhri Vakilov-Trend:
According to the results of exchange trading on the Uzbek Commodity Exchange (UZEX) from August 26 to 30, 2019, different price dynamics were developed in various commodity segments of the exchange market, Trend reports with reference to UZEX.
During the period under review, 2,518 tons of RON-91 brand gasoline were put up for sale and traded. The exchange quotation for RON-91 gasoline for the last trading week amounted to 6,385 million soums per ton, with a starting price of 6,216 million soums per ton. The growth of quotes for RON-91 gasoline compared to the previous week amounted to only 0.2 percent.
Last week, producers of liquefied natural gas sold 2,020 tons of liquefied natural gas through exchange trading for a total of 7,769 billion soums. The exchange price of gas increased by 4 percent, compared to the previous week, and amounted to 3,846 million soums per ton.
Insignificant volatility is demonstrated by the valve market ST 12-35 GS (measure length), the sales of which over the past week reached 772 tons. The exchange quotation for valves amounted to 5,774 million soums per ton, with a starting price of 5,757 million soums. The quotes grew by 5.3 percent compared to the previous week.
The price stability is demonstrated by the cement market before entering the final phase of the construction season. The weekly quotation for cement grade PC M-400 D-20has not changed and amounted to 471,000 soums per ton. The price range of other running brands of cement is 372,300 – 495,700 soums per ton.
The balance is also maintained in the cotton fiber market, which occupies a significant part of the exchange market. The quotation for cotton fiber of the 1st grade of type 4 (middle class) last week decreased by 1.5 percent and amounted to 12,918 million soums per ton. The price of other fiber varieties varied on average from 10,827 to 13,974 million soums per ton.
The exchange price for I-0754 brand of polyethylene for the week decreased from 10,945 million soums to 10,908 million soums per ton. The total sales volume of this brand of polyethylene amounted to 10 tons.
In the urea market, the price trend has changed. The urea price rose to 1,794 million soums per ton after a decline in previous weeks.
($1= 9401.59 soums on Sept. 5)
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