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Trading volume on Uzbek Commodity Exchange rose over 25 percent in first half-year

Business Materials 1 August 2013 20:34 (UTC +04:00)
The trade turnover of the Uzbek Republican Commodity Exchange increased by 25.3 percent to 3.37 trillion soum in the first half of 2013 compared with the same period last year, a representative of the exchange told Trend on Thursday.

Uzbekistan, Tashkent, August 1 / Trend D.Azizov /

The trade turnover of the Uzbek Republican Commodity Exchange increased by 25.3 percent to 3.37 trillion soum in the first half of 2013 compared with the same period last year, a representative of the exchange told Trend on Thursday.

According to the source, some 2.9 trillion soum worth of goods were sold in January-June including on the stock exchange (a 25.8 percent increase), 270.7 billion soum worth of goods - during exhibition trading (a 15.3 percent increase), 176.9 billion soum worth of goods - through electronic bidding for public procurement (a 33.7 percent increase).

The source said the highest volumes of sales over the first half-year accounted for cement - 28 percent of total trade, food products (including cooking oil, flour and sugar) - 23 percent, non-ferrous metals - eight percent, liquefied gas - six percent and oil - four percent.

Total volume of exports implemented through exchange and exhibition trades in January-June this year went up by 38 percent to 162.68 billion soum, including 128.8 billion soum worth of goods sold through currency trading platform for products (a 16.9 percent increase).

High demand was observed among foreign customers for liquefied natural gas - 28 percent, cement - 22 percent, oil products - 21 percent, polyethylene - 16 percent and mineral fertilizers - 22 percent.

According to the exchange representative, additional income earned by enterprises through the formation of stock market prices accounted for nearly ones trillion soum by the end of the first half-year, which is 26 percent more than during the same period last year.

UZEX JSC was formed in April 1994, and currently has 260 trading platforms for exchange and exhibition trades, including ten abroad: in Russia, Latvia, Afghanistan, Pakistan, Kazakhstan and other countries.

The official exchange rate on August 1 is 2107.93 soum / $ 1.

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