Tashkent, Uzbekistan, Feb. 4
By Demir Azizov- Trend:
The trade turnover of the Uzbek Republican Commodity Exchange increased by 24.2 percent to 8.9 trillion UZS in 2014 compared with 2013, a representative of the exchange told Trend Feb.4.
The official exchange rate on February 4 is 2442.13 UZS / $1.
Some 7 trillion UZS worth of goods were sold in 2014 on the stock exchange versus 6 trillion UZS in 2013 (a 16.7 percent increase), over 1 trillion UZS worth of goods - during exhibition trading (a 45.2 percent increase), 470.6 billion UZS worth of goods - through electronic bidding for public procurement (a 13 percent increase), on corporate purchasing - more than 5 times increase - up to 350.4 billion UZS, said the representative of the stock exchange.
Total volume of exports implemented through exchange and exhibition trades in 2014 went up by 5.2 percent to 164.9 billion UZS).
The source said the highest volumes of sales accounted for cement, liquefied gas, polyethylene and mineral fertilizers, as well as cotton and products of its processing.
In 2014, in Uzbekistan significantly increased sales in physical terms on diesel fuel (45.6 percent), cotton lint (41.2 percent), aluminum (32.8 percent), cement (11.2 percent), flour (11 percent), feed wheat (8.7 percent) and rolled ferrous metals (by 9.8 percent).
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.
Some 3, 000 customers and more than 9, 000 suppliers, 93 percent of which account for small businesses, have been accredited in an e-auction trading system for corporate procurement.
In 2013, the total turnover of the exchange increased by 24.1 percent - to 7.15 trillion UZS, including export - by 20.1 percent (to $156.8 million).
Edited by CN