Home / Knowledge / News / Textiles / Contracts worth $140mn registered at exchange

Contracts worth $140mn registered at exchange

30
Jan '07
Turkmen Commodity and Raw Materials Exchange registered contracts worth US $140 million in the previous week.

Majority of the 49 contracts made at the exchange were for buying petrochemicals obtained from Turkmenbashi and Seyydi oil refineries, which accounted for $140.186 million.

Turkmenistan traders bought lint-cotton worth over Manat5 billion, whereas Swiss, Cypriot and Singapore businessmen purchased many types of lint cotton.

Regular cotton wool, cotton yarn, cotton threads, yarn mixed with waste of cotton spinning, grey fabric and various knitwear were bought by merchants from Iran, Switzerland, US, BVI, Estonia, India, Russia, Turkey and Pakistan.

Traders from Turkey and Iran used foreign currency to buy gasoline A-80 and A-92. Polypropylene, base oil SN-180 and SN-350 as well as burnt oil coke from Turkmenbashi complex was bought by Iranian and Panama merchants.

Total cost of contracts registered in national currency on deposits surpassed Manat28.546 billion.


Must ReadView All

Pic: UNCTAD

E-commerce | On 19th Sep 2021

Switzerland commits $4.4 mn for UNCTAD’s e-com, digital economy work

Switzerland recently announced a contribution of $4.4 million to the...

Pic: Shutterstock/humphery

Textiles | On 18th Sep 2021

China wants to join CPTPP; Japan to consult members to respond to bid

Chinese commerce minister Wang Wentao recently submitted an...

Pic: Shutterstock

Textiles | On 18th Sep 2021

Eurozone GDP recovers quicker than expected after lockdowns: EU report

The eurozone economy recovered more rapidly than considered earlier...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search