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Prices in commodity segments on Uzbek Commodity Exchange down

Business Materials 3 October 2019 13:01 (UTC +04:00)

Baku, Azerbaijan, Oct. 3

By Fakhri Vakilov - Trend:

According to the results of exchange trading on the Uzbek Commodity Exchange (UZEX) from Sept. 22 to 27, 2019, reduction of prices were mainly observed for various commodity segments of the exchange market, Trend reports citing UZEX.

For the period under review, 3,720 tons of RON-91 fuel were put up for exchange trading at UZEX, of ​​which 3,402 tons were sold. Compared to the previous week, the exchange quote for RON-91 fuel fell by 0.7 percent and amounted to 6,409 million soums per ton, reads the message.

Last week, liquefied gas producers sold 4,771 tons of liquefied natural gas for a total of 14.5 billion soums. The exchange price of gas decreased by 6.7 percent and amounted to 3,037 million soums per ton.

A similar trend is observed in the black metal market. The price of ST 12-35 GS (measure length) valves fell by 2.2 percent and amounted to 5 million soums per ton. The total sales of all types of ferrous metal amounted to 7,400 tons, the report said.

The cement market is showing slight growth. The weekly quotation for cement grade PC M-400 D-20 was fixed at 485,500 soums per ton, which is 0.7 percent more than a week earlier. The price range of other running brands of cement averages 401,000 – 602,000 soums per ton, the report said.

According to the UZEX, a change in the price trend is observed in the cotton fiber market. The quotation for cotton fiber of the 1st grade of type 4 last week decreased by 2.7 percent and amounted to 12.9 million soums per ton. The price of other fiber varieties of the 2018 crop varied on average from 7.4 to 13.4 million soums per ton.

The exchange price for the film polyethylene F-0120 last week amounted to 12.6 million soums per ton, with a decrease of 2.8 percent. The total sales volume of polyethylene on the exchange amounted to 2,800 tons, read the message.

Last week, there was an increase in urea prices. The exchange quotation for urea increased by 2.8 percent and amounted to 1,811 million soums per ton. In general, 21,000 tons of mineral fertilizers were sold through exchange trading over the week.

($1 = 9409.25 soums on Oct. 3)

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