BAKU, Azerbaijan, August 5
By Jeila Aliyeva - Trend:
Cotton yarn was actively sold on 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, the cotton yarn was purchased for foreign currency by entrepreneurs from the UK, the UAE, Turkey, Serbia, Pakistan and Azerbaijan. Cotton yarn was sold for the Turkmen manat to entrepreneurs from Russia, the UK, the UAE and Pakistan. In addition, Turkmen entrepreneurs purchased cotton yarn for the domestic market of the country.
In the second week of July, businessmen from Russia, the UAE, Turkey, Azerbaijan, Kyrgyzstan bought cotton yarn for the foreign currency, entrepreneurs from Pakistan and the UAE also bought the same product for Turkmen manat. Businessmen from Turkmenistan also purchased cotton yarn for the domestic market of the country.
In the third week of July, cotton yarn was also actively sold on the country's exchange for both foreign currency and the Turkmen manat, as well as on the domestic market of the country. In particular, entrepreneurs from Russia, the US, Kyrgyzstan, Azerbaijan and Turkey purchased it for foreign currency, while businessmen from the UK and Turkey purchased the cotton yarn for the Turkmen manat.
As for the last week of July, cotton yarn was sold to Azerbaijan, Russia, Turkey, Kyrgyzstan for foreign currency, and the UK, the UAE, Turkey and Kazakhstan for the Turkmen manat. During this week, cotton yarn was also purchased for the domestic market of the country.
Cotton yarn was also actively sold on the State Commodity and Raw Materials Exchange of Turkmenistan in June 2020.
Turkmenistan registered 234 transactions on the State Commodity and Raw Materials Exchange during June, with a total amount of more than $57.8 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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