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Singapore, UAE buy oil products from Turkmenistan

Oil&Gas Materials 15 July 2019 12:22 (UTC +04:00)

Ashgabat, Turkmenistan, July 15

By Huseyn Hasanov – Trend:

Last week, 148 deals were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports with reference to the state exchange.

Businessmen from Russia, the UK, Switzerland, Singapore, Afghanistan, Georgia, Uzbekistan, the UAE, Turkey, Romania, Hungary and Kyrgyzstan purchased polypropylene, straight-run gasoline, aviation, technical and lighting kerosene, technical sulfur and diesel fraction.

Besides, colorless sheet glass, cotton yarn, furniture wool, licorice extract and cotton fiber were sold to businessmen from Russia, the UAE, Turkey, Switzerland, Serbia, Estonia, Hong Kong and Uzbekistan. The total amount of transactions exceeded $81.873 million.

Businesses and organizations of all ownership forms, 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.

Petrochemicals, cotton fiber, local textile and chemical production are the main exports in Turkmenistan.

Prices for some products put up for auction change daily and are set according to international quotations; for cotton in accordance with the Liverpool news agency "Cotton Outlook" and for petroleum products in accordance with S&P Global Platts.

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