From November 17 to 21, products of the State Concern “Türkmennebit” became the main economic driver of the week’s trades on the State Commodity and Raw Materials Exchange of Turkmenistan. The Concern’s products — crude oil, general petroleum coke, and hydrotreated diesel fuel — were in high demand both in domestic and foreign markets.

During the four days of the week, successful deals were concluded for “Türkmennebit” products, including crude oils “SN-180” and “SN-600,” general petroleum coke, and hydrotreated diesel fuel. Both domestic entrepreneurs and foreign businessmen, particularly representatives from the UAE, actively participated in the trading operations. The high demand for the Concern’s products formed a key part of the week’s economic dynamics and growth.

Besides “Türkmennebit,” other state and industrial entities of Turkmenistan also conducted several significant trade deals during the week: Ministry of Health and Pharmaceutical Industry sold thick extracts of Buyan root; Ministry of Light Industry concluded multiple deals for clean fleece, washed Karakul wool of various types, textile products, and yarn; State Concern “Türkmenhimiýa” sold urea of grade “B”.

Foreign market participants from Kyrgyzstan, Estonia, Ukraine, and the UAE took part in trades across various sectors. Total financial results of the week: 9,150,505.68 USD and 278,156,280.00 manat.

The overall weekly results, especially the high demand for “Türkmennebit” products, demonstrate the stable development of the country’s petrochemical sector and the continuation of broad cooperation in domestic and foreign markets.

Source: State Commodity and Raw Materials Exchange of Turkmenistan