Activity

The State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) is the primary platform for organized trading of a wide range of assets, mainly focused on commodities and raw materials. Based on recent reports, the following types of assets are actively traded on the exchange:
For Export:
* Petroleum Products:
* Automotive gasoline
* Liquefied gas
* Aviation kerosene
* Petroleum bitumen
* Base oil
* Diesel fuel
* Motor fuel (ECO-93)
* Calcined petroleum coke
* Chemical Products:
* Sodium chloride
* Urea
* Textile Products:
* Cotton yarn
* Fabrics
* Bedding sets
* Sewing and knitwear
* Agricultural Products:
* Dried licorice root extract
* Licorice roots and rhizomes
* Cotton fiber
* Wheat (to a lesser degree, based on general economic information)
* Construction Materials:
* Portland cement
* Gas concrete products
* Aerated concrete blocks
* Float sheet glass
For the Domestic Market:
* Portland cement
* Cotton yarn
* Dried licorice root extract
* Oil waste
* Base oil
* Road bitumen
* Gabardine
* Polypropylene
It’s important to note that the specific types and volumes of assets traded can vary from week to week, as highlighted in the provided news reports. The SCRMET plays a crucial role in Turkmenistan’s economy by facilitating both export and import operations and ensuring transparency in transactions.
While the focus is heavily on physical commodities and raw materials, the “Law of Turkmenistan on commodity and raw materials exchange and trade at the exchange” (1994) does mention that securities can be objects of trade at the exchanges, although recent reports primarily emphasize the trading of physical goods. The Ashgabat Stock Market is mentioned as the only stock market in the country, with limited trading activity in shares of a few state-owned companies. Therefore, securities trading on SCRMET might be less prominent compared to commodities.

Video courtesy of StockInvestorDaily

Video courtesy of StockInvestorDaily