Baku, Azerbaijan, Sept. 17
By Fakhri Vakilov-Trend:
According to the results of exchange trading on Uzbek Commodity Exchange (UZEX) from September 9 to 13, 2019, different price dynamics were observed in various commodity segments of the exchange market, Trend reports citing UZEX.
During the period under review, 3,572 tons of RON-91 motor gasoline were put up for exchange trading, of which 3,463 tons were sold. The exchange quotation for RON-91 gasoline for the last trading week amounted to 6,451 million soums per ton, with a starting price of 6.266 million soums per ton. The growth of quotes for RON-91 gasoline compared to the previous week amounted to only 0.7 percent.
Last week, producers of liquefied natural gas sold 5,019 tons of their products through exchange trading for a total of 20.5 billion soums. The exchange price of gas increased by 3.5 percent, compared to the previous week, and amounted to 4,084 million soums per ton.
Demand has increased in the black metal market. The price of ST 12-35 GS (measure length) fittings increased by 7.3 percent and amounted to 5,779 million soums per ton. The total sales of all types of ferrous metal amounted to 6,769 tons.
Growing dynamics are also noted in the precious metals market. According to the results of weekly trading at the UZEX, 300 grams of Au-1 grade gold worth 135.9 million soums were sold. The stock quote amounted to 453,100 soums per 1 gram of gold, with an increase of 14.6 percent compared to the latest trading results.
A decrease in the price trend is demonstrated by the cement exchange market in the final stage of the construction season. The weekly quotation for cement of grade PC M-400 D-20 was fixed at 479,600 soums per ton, which is 2.5 percent less than a week earlier. The price range of other running brands of cement is 376,600 – 485,000 soums per ton.
There is a high demand for cotton fiber on the exchange. Last week’s quotation for cotton fiber of the 1st grade of the 4th type (middle class) increased by 1.9 percent and amounted to 13.1 million soums per ton. The price of other fiber varieties varied on average from 10.9 to 13.6 million soums per ton.
The exchange price for F-0120 brand of polyethylene remained virtually unchanged at 12.7 million soums per ton. The total sales volume of polyethylene on the exchange amounted to 21,700 tons.
Balance was noted in the urea market. The stock price for urea decreased by 0.2 percent and amounted to 1.780 million soums per ton. In general, 82,000 tons of mineral fertilizers were sold through exchange trading over the week.
($1=9430.40 UZS on Sept.17)
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