ASHGABAT, Turkmenistan, April 14. Last week, a flurry of activity saw 23 transactions logged at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports.
The aggregate valuation of the transactional activities exceeded $28.389 million.
For foreign currency, business representatives from the United Arab Emirates, Uzbekistan, and Afghanistan purchased road oil bitumen, auto gasoline, liquefied gas, aviation kerosene, and base oil produced by the state concerns Turkmennebit and Turkmengimiya.
In addition, cotton yarn, Portland cement, and dry licorice root extract were sold for foreign currency, with Türkiye and Serbia being the buyer countries.
On the domestic market, polypropylene and road oil bitumen (from Turkmennebit), as well as dyed fabric and float glass, were purchased for a total of 69.545 million manat ($19.68 million).
The State Commodity and Raw Materials Exchange of Turkmenistan is the go-to hub for trading a smorgasbord of goods, from raw materials to energy resources and industrial products, covering all the bases in the marketplace. It plays a crucial role in the nation’s economic landscape, serving as a key facilitator of both international trade and domestic business transactions. By streamlining the exchange of commodities, it contributes significantly to the growth of Turkmenistan's economy and its integration into global markets.