BAKU, Azerbaijan, November 2. The total value
of external quotations published for the October 23 trading session
on SCRMET has increased by 0.4%.
The figure is calculated by Trend
based on official data published by SCRMET (The State Commodity and
Raw Materials Exchange of Turkmenistan) on its website.
According to the calculations, the total value of external
quotations published for the October 23 trading session has
increased to $99.97 million from $99.6 million a day earlier.
The growth was driven by the light industry sector, where the
total value of external quotations has grown up to $3 million from
$2.6 million on the session a day earlier. Trend’s
calculations show that the figure has increased by 14.6%.
According to Trend’s
calculations, the values in the remaining three categories remained
unchanged:
- Petrochemicals - $69.7 million;
- Agriculture - $25.8 million;
- Mechanical engineering - $1.4 million.
As in the previous session, no quotations were registered for
the construction materials sector.
The State Commodity and Raw Materials Exchange of Turkmenistan
(SCRMET), established in 1994, is the country’s main organized
marketplace for trading commodities and one of the key institutions
through which Turkmenistan conducts and facilitates foreign trade.
The exchange brings together domestic producers, exporters, and
foreign buyers through regular trading sessions, where a range of
export-oriented goods are offered and transactions are concluded.
Its trading portfolio covers petrochemicals, polymers, textiles,
cotton products, construction materials, machinery, and chemical
goods, among other commodities.
SCRMET also plays an administrative and information role in
Turkmenistan’s trade system. In addition to organizing trading
sessions and registering export-import contracts, the exchange
publishes official quotations based on transactions conducted on
the platform. These quotations provide information on the
commodities traded, their values, and the markets involved, making
SCRMET data a useful indicator of the composition and direction of
exchange-based trade.
Through these quotations, SCRMET provides a snapshot of the
value and sectoral composition of goods offered to international
buyers during each trading session, reflecting shifts in the
country’s export offering and highlighting which industries
dominate Turkmenistan’s exchange-based trade.