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Tuesday, November 21, 2017

Turkmenistan commodities exchange reports 91 transactions

The Turkmenistan Chamber of Commerce and Industry said 91 transactions took place and were finalized in the past week in the State Commodity and Raw Materials exchange.

The exchange had purchasers and businessmen from Turkey, the United Arab Emirates, Afghanistan, the United Kingdom and China. Most countries purchased oil from the Turkmenbashi oil refinery complex. Those from the U.K. purchased straight-run gasoline that had been refined at the Seydi facility. China made purchases in industrial iodine.

Other materials that were purchased included belts, cattle skins, cotton yarn and fiber, and extract from licorice. These were largely purchased by Russia, China and the Republic of Korea. This added to the amount spent on oil and iodine to total approximately $24 million.

Buyers from the U.S., Switzerland, Cyprus, Pakistan and Ukraine purchased trucks, batteries and materials such as denim, refined cottonseed oil, sunflower seed oil, wool and yarn, which totaled $8.94 billion.

Turkmenistan business representatives purchased wheat and unconditioned polypropylene that totaled $3.2 billion.

Organizations in this story

Chamber of Commerce and Industry of Turkmenistan

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