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    Economics

    Liquefied gas, coal prices fall: stock exchange situation in Uzbekistan explained

    Liquefied gas, coal prices fall: stock exchange situation in Uzbekistan explained

    Goods worth UZS 2.5 trillion were sold on all trading platforms of the Uzbekistan Commodity Exchange (UZEX) from April 3 to 9, which is 1.1% more than the previous week, press service of the company reports.

    Photo: Bloomberg

    About 83% of the transactions concluded were in stock trading, and the remaining 17% were in e-commerce trading systems.

    The total volume of transactions concluded with the participation of small businesses and private business entities equaled almost $50mn.

    As a result of electronic sales conducted in the state procurement systems, state and corporate customers' funds saved about $8.3mn.

    Some 1,401 license plates were sold through the online auction in the reported period. The total amount of sales amounted to almost $300,000.

    Stock trading

    During the period under review, a total of UZS 2.1 trillion worth of commodity resources were sold through open market trading, including:

    Cement

    During the last week, 79,816 tons of cement were sold on the stock market. The average daily sales volume was 16,000 tons.

    During the considered period, the daily average prices of all brands of cement decreased from about $58 to $54 per ton. An average of 205 buyers participated in the auctions daily.

    Liquefied gas

    Last week, 5,455 tons of liquefied gas were placed on the stock market, and 5,125 tons of it (about 94%) were sold. An average of 167 buyers participated in the auctions every day.

    The daily average prices for liquefied gas decreased from about $350 to around $341 per ton during the reported period.

    Coal

    During the last week, 11,865 tons of coal were placed on the stock market, and 4,380 tons of it (about 36.9%) were sold. An average of 5 buyers participated in the sales daily.

    The average daily price of coal fell from about $24 to roughly $22 per ton.

    12.04.2023, 16:35   Comments (0)   1272
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