Demand For Refined Oil Products Grows at Turkmen State Exchange

BUSINESS TURKMENISTAN
Demand For Refined Oil Products Grows at Turkmen State Exchange
For foreign currency, businesses based in the UAE and Afghanistan purchased motor gasoline produced at the Turkmenbashi Complex of Oil Refineries.

The total amount of transactions concluded in foreign currency at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan over the past week exceeded $22.9 million, Turkmenistan’s Golden Age news outlet reported on Sunday.

For foreign currency, businesses based in the United Arab Emirates and Afghanistan purchased motor gasoline produced at the Turkmenbashi Complex of Oil Refineries. Businesses from Russia, the UAE and Afghanistan also purchased technical sulfur, liquefied gas and motor gasoline from Türkmengaz (Turkmen Gas) State Concern. In addition, Russia based businesses bought fine-grained potassium chloride from Türkmenhimiýa (Turkmen Chemicals) State concern.

Companies from Russia, China, the UAE, Turkey, Qatar, Azerbaijan and Kyrgyzstan purchased Plain-dyed and jacquard terry products and cotton yarn for foreign currency.

For manat funds, businesses from China, the UAE, Great Britain, Scotland, Qatar, India, Kazakhstan and Armenia purchased cotton yarn for nearly 39 million manats.

For the domestic market, local businesses bought polypropylene, handmade carpets and plastic products for a total amount of over 47 million manats.

State Commodity and Raw Materials Exchange of Turkmenistan registered a total of 119 transactions last week.