Uzbek Business Procures 5,000 Tons of Urea Through Turkmen Exchange

Uzbek Business Procures 5,000 Tons of Urea Through Turkmen Exchange

The business from Uzbekistan during the Thursday trades at the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) made a deal to procure 5,000 tons of urea grade B.

The urea, produced by Marykarbamid plant of Türkmenhimiýa (Turkmen Chemicals) State Concern, was sold for $442.5 per ton, a decrease of 2.7 percent compared to the previous auction, the SCRMET announced on Friday.

The total amount of transaction for urea export amounted to $2.2 million.

Last week, the total amount of transactions concluded in foreign currency at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan exceeded $3.2 million.

Established in 1994, the SCRMET is the main body regulating export-import operations in Turkmenistan.

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