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Russia buys polyethylene in Turkmenistan

Oil&Gas Materials 13 January 2020 10:49 (UTC +04:00)
Russia buys polyethylene in Turkmenistan

ASHGABAT, Turkmenistan, Jan. 13

By Huseyn Hasanov – Trend:

Twenty-nine deals were registered at the Turkmen State Commodity and Raw Materials Exchange last week, Trend reports on Jan. 13 referring to the exchange.

Businessmen from the UAE purchased lighting kerosene and technical sulfur, while Russian businessmen purchased high-density polyethylene.

Moreover, licorice root dry extract, cotton fiber were sold to businessmen from the UAE, Turkey and Serbia.

The total amount of transactions was over $10.4 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.

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