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Afghanistan’s activity at Turkmen State Commodity Exchange in July 2020

Business Materials 11 August 2020 17:11 (UTC +04:00)
Afghanistan’s activity at Turkmen State Commodity Exchange in July 2020

BAKU, Azerbaijan, August 11

By Jeila Aliyeva - Trend:

Afghanistan actively participated in the State Commodity and Raw Materials Exchange of Turkmenistan in July 2020, Trend reports with reference to exchange’s data.

During the first week of July, Afghanistan bought base oils in foreign currency at Turkmen exchange.

In the second week of July, Afghanistan purchased automobile gasoline, liquefied gas and petroleum road bitumen in foreign currency on the exchange of Turkmenistan

At the auction held in the third week of July, Afghanistan bought polypropylene produced at Kiyanly Polymer Plant of Turkmenistan.

In the last week of July, Afghanistan bought polypropylene from Turkmenistan in foreign currency.

Some 268 transactions were registered on State Commodity Exchange and Raw Material of Turkmenistan in July.

Transactions were made by both foreign entrepreneurs for export and domestic ones to be sold locally.

During the reporting period, the country has registered transactions both for foreign currency and for Turkmen manat.

Transactions in the total amount of more than $57.8 million were registered on the State Commodity and Raw Material Exchange of Turkmenistan in June.

During the reporting month, the country has registered transactions both in foreign currency and in Turkmen manat. In particular, transactions worth more than $73,369 were made in foreign currency and more than 202.3 million for Turkmen manat ($57.7 million).

The state commodity exchange of Turkmenistan was established on July 29, 1994. It is the most important agency of state regulation of export-import operations.

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Follow the author on Twitter: @JeilaAliyeva

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