Turkish buyers close $8.195M cretonne fabric and cement deals in Turkmenistan

Turkish entrepreneurs concluded two deals to buy 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. The deals had a total value of $8.195 million, Trend reported.

SCRMET, established in 1994, is the country's main organised marketplace for commodities and one of the key institutions through which Turkmenistan conducts foreign trade. Its trading portfolio covers petrochemicals, polymers, textiles, cotton products, construction materials, machinery and chemical goods.

Beyond organising trading sessions and registering export-import contracts, the exchange publishes official quotations based on transactions on its platform. These provide information on the commodities traded, their values and the markets involved, offering a snapshot of the goods offered to international buyers at each session.