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US, Hong Kong purchase oil products in Turkmenistan

Turkmenistan Materials 8 July 2019 10:13 (UTC +04:00)

Ashgabat, Turkmenistan, July 8

By Huseyn Hasanov – Trend:

Last week, 43 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan, Trend reports referring to the stock exchange.

Entrepreneurs from the US, the UAE, Switzerland, the Hong Kong Special Administrative Region of China, Panama, Turkey, Afghanistan and Uzbekistan purchased aviation kerosene, gasoline, diesel fuel, and carbamide.

In addition, colorless sheet glass and cotton yarn were sold. Purchasing countries included Russia, Azerbaijan and Uzbekistan. The total amount of transactions exceeded $94,190,000.

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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