Tashkent, Uzbekistan, Feb. 1
By Mamed Dashdemirov – Trend:
In 2017, the deals on highly liquid products in the Uzbek Commodity Exchange (UZEX) totaled to 9.5 trillion soums, 18.5 percent higher than in 2016, UZEX director for trade organization Aziz Abduganiev told Trend.
The share of highly liquid products and raw materials in the total exchange trades reached 83.3 percent last year, as compared to 67.7 in 2016, said Abduganiev.
From the 21 highly liquid products sold for the internal usage during the last year trades, sale of 13 increased in comparison with 2016.
Particularly, the sale of motor fuel increased 3.6 percent, diesel fuel – 6.9 percent, polypropylene – 3.1 times, secondary aluminum – 23.6 percent, copper products – 10.1 percent, metallic zinc – 3.2 times, mineral fertilizers – 37.7 percent, cottonseed meal –13.1 percent, cottonseed hull – 4.4 percent, forage wheat – 3 times, wheat flour – 5 percent, vegetable oil – 3.7 percent, sugar – 97.5 percent.
From Jan. 1, 27 highly liquid products, such as rolled iron, motor fuel, diesels, technical kerosene, polypropylene, polyethylene, technical sulfur, coal, mineral fertilizers, caustic ash, cathode copper and copper rod are to be sold by monopoly enterprises in the internal market.
The list of highly liquid products traded in the exchange includes secondary aluminum, rolled iron, metallic zinc, concrete, cement clinker, building glass, sugar, vegetable (cotton) oil, forage wheat, barley, cotton fiber, cotton linter, cottonseed hull, cottonseed meal and industrial seeds.
Total trade in UZEX in 2017 increased by 15.2 percent compared to 2016 reaching 13.9 trillion soums.
(8,175.77 soums = $1 on Feb. 1)