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UAE’s activity on Turkmenistan’s exchange in November

Business Materials 4 December 2020 16:02 (UTC +04:00)
UAE’s activity on Turkmenistan’s exchange in November

BAKU, Azerbaijan, December 4

By Jeila Aliyeva - Trend:

The United Arab Emirates (UAE) actively participated in the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports with reference to the exchange.

In the first week of November, representatives of the UAE purchased total petroleum coke, aviation kerosene, diesel fuel, hydrotreated diesel fuel, and gasoline produced at Turkmenbashi Complex of Oil Refineries in Turkmenistan on Turkmen exchange.

In addition, UAE entrepreneurs bought high-density polyethylene, cotton and denim fabrics, cotton yarn, and colorless flat glass on the Turkmenistan exchange in foreign currency.

The UAE also participated in transactions that took place for the Turkmen manat. So, entrepreneurs from the UAE bought carpet products, povidone-iodine solution, and cotton yarn in the first week of November.

In the second week of November, businessmen from the UAE purchased aviation kerosene, gasoline, hydrotreated diesel fuel, and base oil produced at the Turkmenbashi Complex of Oil Refineries in foreign currency. They also purchased urea and polyethylene, colorless sheet glass, denim, dyed terry products, and cotton yarn for the Turkmen manat.

At the same time, representatives of the UAE bought cotton yarn for Turkmen manats in the second week of November.

As for the third week of November, transactions were also made for both the Turkmen manat and foreign currency. In particular, in foreign currency, entrepreneurs from the UAE purchased aviation kerosene, gasoline, low-sulfur heating oil produced at the Turkmenbashi Complex of Oil Refineries in Turkmenistan.

They also purchased high-density polyethylene, colorless sheet glass, smooth-colored and jacquard terry products and cotton yarn in foreign currency, and for the Turkmen manat - cotton yarn and handmade carpet.

In the last week of November, the UAE bought gasoline produced at the Seydi Oil Refinery of Turkmenistan, as well as hydrotreated diesel fuel produced at the Turkmenbashi Complex of Oil Refineries on the Turkmen exchange in foreign currency.

In addition, in the last week of November, handmade carpets, dyed terry products, cotton yarn, and fabric, as well as denim were purchased at the exchange of Turkmenistan for foreign currency, and cotton yarn – for the Turkmen manat.

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Follow the author on Twitter: @JeilaAliyeva

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