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UAE buy cotton yarn in Turkmenistan

Business Materials 10 February 2020 18:19 (UTC +04:00)
UAE buy cotton yarn in Turkmenistan

ASHGABAT, Turkmenistan, Feb. 10

By Huseyn Hasanov– Trend:

Thirty-five deals were registered at the Turkmen State Commodity and Raw Materials Exchange last week, Trend reports referring to the exchange.

Businessmen from the UAE bought cotton yarn at the exchange. Businessmen from Afghanistan, Turkey purchased gasoline, petroleum coke, as well as high density polyethylene.

The total amount of transactions was over $11.3 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.

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