Ashgabat:The State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) recorded 20 deals worth more than $3.5 million during the week from November 2 through November 7. These transactions, conducted in foreign currency, involved companies from Azerbaijan, Trkiye, Kyrgyzstan, the United Arab Emirates, and Afghanistan purchasing diesel fuel, bedding sets, cotton fabrics, and cotton yarn produced by the Turkmennebit State Concern.
According to Trend News Agency, Turkmen entrepreneurs on the domestic market acquired polypropylene, cotton fiber, and cotton yarn from Turkmennebit State Concern for a total of over 102.4 million manat, approximately $29.3 million.
Established in 1994, SCRMET is Turkmenistan's primary organized marketplace for trading commodities and plays a crucial role in the country's foreign trade. It facilitates transactions between domestic producers, exporters, and foreign buyers, offering export-oriented goods such as petrochemicals, textiles, and construction materials. SCRMET also performs administrative and information functions, publishing official quotations that reflect the composition and direction of Turkmenistan's exchange-based trade, thus providing valuable market insights to international buyers.