Amount of deals on Uzbek Commodity Exchange up by 41%
BAKU, Azerbaijan, Oct. 22
By Fakhri Vakilov - Trend:
The total volume of transactions concluded for 9 months of 2019 on all trading platforms of Uzbekistan’s Commodity Exchange (UZEX) amounted to $3.3 billion, which is 41 percent more than for the same period of 2018, Trend reports with reference to the UZEX.
The volume of transactions concluded on the stock exchange with the participation of small and private entrepreneurs increased by 36 percent compared to the same period in 2018 and amounted to $1.6 billion.
At the exchange trading, goods worth $2.9 billion were sold with an increase of 35 percent. Sellers received additional income due to the formation of real market prices in the amount of $168 million at the auction.
During the period under review, the total volume of transactions on electronic public procurement amounted to $281.4 million, total savings - $57.5 million.
Moreover, deals were completed for $117.8 million at the fair trade with an increase of 26 percent.
In addition, through the online auction of the exchange, 26,820 car license plates were sold for a total of $11.9 million. The average cost of one transaction amounted to $434.
The volume of exchange exports grew by 22 percent and amounted to $105.8 million.
Furthermore, commodity items such as cotton fiber (47 percent), polyethylene (31.5 percent), petroleum products (13 percent), and liquefied gas (7.8 percent), took the lead in the exchange-export structure.
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