Turkmenistan Concludes Over $8.1M In Fabric, Cement Deals With Türkiye

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. Turkish entrepreneurs concluded deals to purchase cretonne fabric and Portland cement from local entrepreneurs at a foreign-market trading session of the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) on October 24, according to the exchange.

Two deals were concluded during the trading session, with a total value of $8.195 million.

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.

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