Last week, 34 transactions took place on the State Commodity and Raw Materials Exchange of Turkmenistan. This was reported by the news agency ‘Turkmenistan: Golden age’.

Companies from the UAE, Turkey and Georgia purchased polypropylene and base oil produced by the State Concern ‘Türkmennebit’ in exchange for foreign currency. Foreign buyers also purchased denim products, regenerated fibre, cotton fabric and yarn, karakul wool and wheat flour. Transactions with the UAE, Turkey, Estonia and Kyrgyzstan exceeded US$9 million.

On the domestic market, businesses purchased polypropylene and oil from the ‘Türkmennebit’ State Concern, technical sulphur from the ‘Türkmengaz’ State Concern, undistilled fatty acids from cotton soapstock, dyed terry cloth, silk and cotton fabrics, as well as wheat flour. The total amount amounted to over 229.4 million manats.