The list of commodities traded at UZEX is expanding
In accordance with the Decrees of the President and the Cabinet of Ministers of the Republic of Uzbekistan on increasing the export potential of the chemical industry and implementing market mechanisms into the sector, JSC “Navoiazot” has started exporting new chemical commodities through exchange trading.
Specifically, the Uzbek Commodity Exchange has listed a new exchange contract for the export of synthetic acetic acid. According to the contract specification, the initial price for the product is set at USD 1,100.0 per ton.
In addition, the exchange is now offering commodities such as polyvinyl chloride (PVC-S-68) at an initial price of USD 950.0 per ton, water-soluble polymer compound Unifloc at USD 2,150.0 per ton and technical methanol at USD 230.0 per ton.
The terms of delivery for these newly listed exchange-traded products are FCA – “Tinchlik” railway station, JSC “Uzbekistan Railways”.
Expanding the range of domestic commodities exported through the Uzbek Commodity Exchange will support the promotion of Uzbek-made products to foreign markets based on market-driven principles.
It is notable that in February 2025, the President of the Republic of Uzbekistan held a meeting to review the plans for the chemical industry in 2025. The meeting identified key priorities including sector modernization, investment attraction, digitalization, improving energy efficiency, and optimizing the use of available industrial capacities.
Source: DEPARTMENT OF MASS COMMUNICATIONS AND FOREIGN ECONOMIC ACTIVITY
Similar:
- Weekly UZEX Digest (November 24 - November 30 )
- The Uzbek Commodity Exchange has opened its overseas trading office in Afghanistan
- Weekly UZEX Digest (November 17 - November 23 )
- Fitch Ratings Upgrades UZEX Outlook
- Weekly UZEX Digest (November 10 - November 16 )
- Weekly UZEX Digest (November 3 - November 9 )