ASHGABAT, Turkmenistan, June 18. More than $7.7 million worth of transactions were concluded at the State Commodity Exchange of Turkmenistan last week, Trend reports.
According to the exchange, business representatives from the UAE, Afghanistan, and Uzbekistan purchased aviation kerosene and polypropylene produced at the enterprises of the Turkmennebit State Concern of Turkmenistan.
Furthermore, sets of bed linen, terry and denim products, denim and cotton fabric, cotton yarn, and Portland cement were sold for foreign currency, the buyers of which were companies from the UAE, Afghanistan, and Kyrgyzstan.
In the domestic market, entrepreneurs from Turkmenistan purchased polypropylene, base oil (Turkmennebit State Concern), carbon black, iodine, bischofite, and sodium sulfate (Turkmenhimiya State Concern), as well as glass and handmade carpets totaling more than 537.2 million Turkmen manat ($153.3 million).
Last week's auctions of Turkmenistan's State Commodity and Raw Materials Exchange yielded 38 transactions.
On July 29, 1994, Turkmenistan established the State Commodity and Raw Materials Exchange. It is the most important body of state regulation for export-import operations.