Tuesday Trades at Turkmen Commodity Exchange: Diesel, LNG, Cotton Yarn

BUSINESS TURKMENISTAN
Tuesday Trades at Turkmen Commodity Exchange: Diesel, LNG, Cotton Yarn
Afghan businesses also bought 3 thousand tons of LNG for $1.6 million.

The State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) during Tuesday trades registered deals on the procurement of diesel fuel, liquefied natural gas (LNG) and cotton yarn.

Turkish and Afghan businesses procured a total of 14.2 thousand tons of hydrotreated diesel fuel. The price of the fuel increased by 7.8 percent compared to the previous auction and amounted to $1,221.25 per ton. The total sum of deals amounted to $15.9 million, the SCRMET announced on Tuesday.

Afghan businesses also bought 3 thousand tons of LNG for $1.6 million. Its price rose 1.8 percent compared to the previous auction.

The businessman from Kyrgyzstan purchased $235,9 thousand worth of cotton yarn, while the Emirati company procured 1.6 million manats worth of cotton yar.

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 $5.5 million.

Established in 1994, the SCRMET is the main body regulating export-import operations in Turkmenistan.

2022