Ashgabat:The State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) recorded 20 deals totaling over $3.5 million during the week from November 2 through November 7. This was announced in a press release from the Turkmen government's press service.

According to Trend News Agency, companies from Azerbaijan, Turkey, Kyrgyzstan, the United Arab Emirates, and Afghanistan purchased diesel fuel produced by Turkmennebit State Concern, alongside bedding sets, cotton fabrics, and cotton yarn. All these transactions were settled in foreign currency.

On the domestic front, Turkmen entrepreneurs acquired polypropylene, cotton fiber, and cotton yarn, with transactions totaling over 102.4 million manat, equivalent to $29.3 million. The SCRMET, established in 1994, serves as Turkmenistan's primary organized marketplace for trading commodities, facilitating foreign trade by connecting domestic producers, exporters, and foreign buyers. The exchange handles a diverse range of goods, including petrochemicals, textiles, and construction materials.

SCRMET also fulfills an administrative and informational role in Turkmenistan's trade system, organizing trading sessions, registering export-import contracts, and publishing official quotations. These quotations serve as a useful indicator of the composition and direction of exchange-based trade, providing insight into the value and sectoral composition of goods offered to international buyers.