BAKU, Azerbaijan, October 5. The State Commodity and Raw Materials Exchange of Turkmenistan registered 10 deals over the week starting from September 28 to October 3.
This was reflected in a press release published by the press service of the Turkmen government.
According to the publicaion, business representatives from the Türkiye, Kyrgyzstan and UAE purchased cotton fiber and cotton fabric for foreign currency.
The total value of foreign-currency deals exceeded $9.5 million.
On the domestic market, local businesses purchased low-sulfur fuel oil from the Turkmennebit State Concern and cotton yarn.
The total value of these transactions exceeded 641.2 million manat ($183.2 million).
The State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET), established in 1994, is the country’s main organized marketplace for trading commodities and one of the key institutions through which Turkmenistan conducts and facilitates foreign trade. The exchange brings together domestic producers, exporters, and foreign buyers through regular trading sessions, where a range of export-oriented goods are offered and transactions are concluded. Its trading portfolio covers petrochemicals, polymers, textiles, cotton products, construction materials, machinery, and chemical goods, among other commodities.
SCRMET also plays an administrative and information role in Turkmenistan’s trade system. In addition to organizing trading sessions and registering export-import contracts, the exchange publishes official quotations based on transactions conducted on the platform. These quotations provide information on the commodities traded, their values, and the markets involved, making SCRMET data a useful indicator of the composition and direction of exchange-based trade.
Through these quotations, SCRMET provides a snapshot of the value and sectoral composition of goods offered to international buyers during each trading session, reflecting shifts in the country’s export offering and highlighting which industries dominate Turkmenistan’s exchange-based trade.
