Turkmen commodity & raw materials exchange exceeds $100mn
04 May '06
1 min read
At the State commodity and raw materials exchange of Turkmenistan last week, yield of oil, gas and chemical industries was in high demand during trade sessions.
Iranian businessmen purchasing liquefied gas and polypropylene made hard currency contracts during the trading sessions.
Similarly, UAE businessmen made hard currency contracts for M-100 mazut and A-92 gasoline while Russian businessmen for polypropylene.
This entire yield came from Turkmenbashi oil refinery. According to a report released, oil products from Seydi oil refinery were also in fair demand.
Virgin Islands businessmen purchased straight-run gasoline and UAE businessmen - M-100 mazut and diesel fuel.
Iranian businessmen made contracts to acquire liquefied gas from Nayip field, in the east of Turkmenistan.
U.S, Swiss and Seychelles businessmen purchased lint-cotton, while Bulgarian businessmen bought common salt.
Total amount of foreign currency contracts completed last week exceeded $100 million, according to the press service of the exchange.
US and Virgin islands businessmen bought various knitwear, cotton wool and grey fabric from Turkmen Manats.
Manat contracts were in addition made for the purchase of purified waste of cotton spinning, cotton yarn, grey fabric and knitwear production waste.
Pakistan and India businessmen bought sarajin wool and fabrics.