ASHGABAT, Turkmenistan, Dec. 30
By Huseyn Hasanov– Trend:
Twenty-eight deals were registered at the Turkmen State Commodity and Raw Materials Exchange last week, Trend reports on Dec. 30 referring to the exchange.
Businessmen from Azerbaijan, the UAE, Pakistan, Russia and Turkey purchased cotton yarn.
Moreover, businessmen from the UAE also bought base oil.
The total amount of transactions exceeded $1.4 million.
Businesses and organizations of all ownership types, residents of Turkmenistan and other countries can participate in the exchange trading by acquisition of a broker place or signing the service contract with exchange brokers.
Oil products, cotton fiber, local textile goods and chemicals are mainly exported by Turkmenistan.
Prices for some products put up for auction change daily and are set in accordance with the international quotations; for cotton in accordance with Liverpool’s Cotton Outlook news agency and for oil products in accordance with Platts news agency.