The State Commodity and Raw Materials Exchange of Turkmenistan experienced significant trading last week, with total transactions exceeding 13 million 66 thousand US dollars.
Official sources indicate that 19 deals took place during the auction sessions, attracting international buyers from a variety of countries looking to engage in trades of energy resources, industrial supplies, textiles, and agricultural products.
Business entities from Uzbekistan, the UAE, and Afghanistan secured liquefied gas sourced from state-run companies T ü rkmengaz and T ü rkmenhimiya. Meanwhile, foreign firms also acquired desulphurized diesel fraction from T ü rkmenhimiya.
A range of additional export goods was also sold during these auctions, including bedding sets, fatty acids derived from cottonseed oil residues, dry liquorice root extract, raw silk, and cotton yarn. Buyers from Hong Kong, T ü rkiye, Kyrgyzstan, Uzbekistan, and the UAE participated actively.
Officials highlighted that the total value of these foreign currency transactions exceeded 13 million US dollars, underscoring a robust international appetite for Turkmenistan’s industrial and agricultural offerings.
Local entrepreneurs were notably active as well, procuring base oil, raw fabric, purified cottonseed oil, and wheat flour for national consumption.
Domestic transactions amounted to over 118 million 350 thousand Turkmen manats, which emphasizes vigorous trading within the internal market alongside export activities.
The State Commodity and Raw Materials Exchange is a vital component of Turkmenistan’s economy, fostering international trade relationships and bolstering exports in sectors including energy, textiles, and agriculture.
