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Products of Türkmennebit State Concern See High Demand at State Commodity Exchange
11 May. 07:21The State Commodity and Raw Materials Exchange of Turkmenistan concluded its weekly trading sessions with the registration of 17 major commercial transactions. The total value of export contracts finalized with international business representatives reached approximately $11.375 million. These results highlight the continued attractiveness of Turkmenistan’s industrial goods and raw materials in the competitive global marketplace.
A significant portion of the international sales involved high-quality petroleum products. Business entities from the United Arab Emirates and Georgia focused their procurement on base oils produced by the "Türkmennebit" State Concern. The demand for these refined products underscores the strategic importance of Turkmenistan’s petrochemical industry and its adherence to international quality standards in fuel and lubricant production.
In addition to the energy sector, the exchange facilitated the trade of diverse industrial and agricultural commodities. Entrepreneurs from Türkiye, Switzerland, and the UAE secured contracts for cotton yarn, grey fabrics, wheat flour, and Portland cement. This diversification of exports demonstrates the successful expansion of the nation's manufacturing base beyond the traditional oil and gas sectors into high-value processed goods.
Domestic commercial activity also showed robust growth, with local enterprises conducting trades totaling more than 145.42 million manats. Turkmen businesses primarily acquired base oils, polypropylene films, and textile raw materials for the domestic market. The high volume of internal trading reflects the growing strength of the local private sector and the increasing capacity of domestic industries to process raw materials into finished consumer products.
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