Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Thursday, March 22, 2018

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

Want to get notified whenever we write about Chamber of Commerce and Industry of Turkmenistan ?
Next time we write about Chamber of Commerce and Industry of Turkmenistan, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.