Foreign Businesses Purchase Cotton Yarn Through Turkmen State Exchange

BUSINESS TURKMENISTAN
Foreign Businesses Purchase Cotton Yarn Through Turkmen State Exchange
Companies from Russia, China, the UAE, Turkey, Azerbaijan, Uzbekistan and Kyrgyzstan purchased colorless flat glass and cotton yarn for foreign currency.

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 $16.113 million, Turkmenistan’s Golden Age news outlet reported on Sunday.

For foreign currency, businesses based in the Scotland and Afghanistan purchased hydrotreated diesel fuel produced at the Turkmenbashi Complex of Oil Refineries. Businesses from Russia, the UAE, Turkey, China’s Hong Kong and Afghanistan purchased technical sulfur from Türkmengaz (Turkmen Gas) State Concern.

Companies from Russia, China, the UAE, Turkey, Azerbaijan, Uzbekistan and Kyrgyzstan purchased colorless flat glass and cotton yarn for foreign currency.

For manat funds, businesses from Scotland, UAE, India, Hong Kong, Turkey, Pakistan and Armenia purchased various types of cotton yarn for around 37 million manats.

For the domestic market, local businesses bought cotton fiber for a total amount of over 225 thousand manats.

State Commodity and Raw Materials Exchange of Turkmenistan registered a total of 68 transactions last week.

2022