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Local traders procure Polypropylene at exchange

19 Feb '08
1 min read

The world market has experienced a sudden rise in the consumption of petroleum, chemical and textile products. Thus, last week, high demand for these, prevailed at the Turkmen commodity and raw materials exchange.

The exchange inked 43 contracts worth US $82,492 million during this period, depositing nearly Manat 2,907 billion into the national bank.

Traders from Afghanistan procured liquefied gas produced at the Nayyp terminal as well as diesel fuel from the Seyydi oil refinery. Those from UAE and Gibraltar, obtained low-sulphur furnace mazut and aviation kerosene produced at the Turkmenbashi complex of oil refineries.

Local businessmen also purchased polypropylene produced at the Turkmenbashi complex of oil refineries for domestic consumption.

On the other hand, merchants from Russia acquired jacquard and dyed towels, garments and mattress cotton-wool. Swiss and Singapore people got hold of cotton lint, where as Belgian and New Zealand businessmen purchased knitwear waste and grey fabric.

Traders from Virgin Island, Pakistan, Bulgaria, India, US, Hungary, Cyprus, Belize, Gibraltar, Belarus and Kyrgyzstan procured cotton yarn, purified waste of cotton-spinning, small cattle pelts, grey stockinet and cotton-seed oil.

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