Petroleum products and textiles led the exchange trading
04:08 26.08.2020 4985
Last week, 77 transactions were registered at the biddings of the State Commodity and Raw Materials Exchange of Turkmenistan. Representatives of business circles of the UAE, Turkey, Afghanistan and other countries purchased base oil, low-sulfur fuel oil produced at the Turkmenbashi complex of oil refineries for foreign currency. Various brands of polyethylene and polypropylene (S.C.“Türkmengas”), as well as urea (S.C.“Türkmenhimiýa”) were traded by entrepreneurs from the Russian Federation, Switzerland, Oman, Afghanistan, China, Uzbekistan and others. Cotton yarn was also sold for foreign currency and dry licorice root extract. Buying countries: Great Britain, the United Arab Emirates, Turkey, Serbia, Pakistan, Azerbaijan. The total amount of transactions exceeded 51 million 698 thousand US dollars. Entrepreneurs from Russia, the United Kingdom, the United Arab Emirates, Pakistan, and Armenia purchased cotton yarn and hand-made carpet products for manats. The total transaction amount is more than 9 million 732 thousand manats. Domestic businessmen purchased high-density polyethylene (S.C. “Türkmengas”) for the domestic market, as well as cotton lint for a total amount of over 43 million 631 thousand manats.
First EU-Central Asia summit to be held in Uzbekistan on April 3-4
The heads of the European Council António Costa and the European Commission Ursula von der Leyen will visit Uzbekistan on April 3-4 to participate in the first EU-Central Asia summit, which will be chaired by the President of Uzbekistan Shavkat Mirziyoyev, according to a press release distributed by the EU delegation in Tashkent, Interfax reported on February 14.
Jet fuel and polypropylene purchased at auction
During the auction at the State Commodity and Raw Materials Exchange of Turkmenistan on February 13, petrochemical, light industry and construction materials were sold.
Afghanistan increases import of Turkmen liquefied gas
On Monday, Afghan media reported an increase in imports of liquefied natural gas from Turkmenistan to Afghanistan. According to the publications, the Taliban provisional government issued a statement to this effect after a meeting of its economic sector.
The price of gas in Europe exceeded $2,200 per 1,000 cubic meters
The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.
Traders expect high European gas prices to continue in coming years
Natural gas prices in Europe will remain high in the coming years amid continued supply shortages, traders believe, Interfax reports.