Export Trades at Turkmen Commodity Exchange: Urea Sells For $357,5/ton

BUSINESS TURKMENISTAN
Export Trades at Turkmen Commodity Exchange: Urea Sells For $357,5/ton
The deal was agreed at $357.5 for a ton of the urea.

The company from the United Arab Emirates procured 250 thousand tons of Urea Grade B during the Friday trades at the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET).

The deal was agreed at $357.5 for a ton of the products of Türkmenhimiýa (Turkmen Chemicals) State Concern. The total amount of the transaction amounted to $90 million, the SCRMET announced on Sunday.

Last week, the total amount of transactions concluded in foreign currency at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan exceeded $90.922 million. 

The businesses from Russia, the UAE, the Kyrgyz Republic and Turkey purchased plain-dyed and jacquard terry products, and cotton yarn manufactured at the enterprise of the Turkmen Ministry of Textile Industry.

The Emirati business circles also procured cotton yarn for more than 1.55 million manats.

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

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2022