UZEX: Prices for flour, sugar and polyethylene fall

Tashkent, Uzbekistan (UzDaily.com) -- Over the past week, that is, for the period from 13 to 19 June, goods worth 3.07 trillion soums were sold on all trading platforms of the Uzbekistan Commodity Exchange (UZEX), which is 7% more than the previous week. Of these, 75.3% of sales came from exchange auctions, 0.2% - from exhibition and fair sales, 24.2% - from government purchases, and 0.3% - from online auctions of license plates.

The total volume of transactions involving small businesses and private entrepreneurship amounted to 658.4 billion soums. As a result of electronic auctions for public procurement, the total savings of budgetary and corporate customers amounted to 140.8 billion soums.

During the period under review, 2,982 license plates were sold in the amount of 8.6 billion soums through an online auction. As a result of competitive bidding, 4.7% of completed transactions were for premium autonumbers; 8.2% of transactions for the 2nd category; 8.0% for the 3rd category; 10.6% for the 4th category; 22.0% for the 5th category; as well as 46.4% for the 6th category of license plates.

During the reporting period, commodity resources worth 2.31 trillion soums were sold at open exchange auctions. Selling enterprises put goods up for exchange auctions in accordance with approved schedules, including:

For the period from 13 to 17 June, a decrease in prices was recorded on the flour exchange market.

During the past week, 41,690.0 tons of flour were put up for sale, of which 33,433.0 tons or 80.2% were sold. An average of 2,576 buyers took part in exchange trading daily.

During the period under review, the daily average price of flour of the 1st grade decreased from 4.4 million soums to 4.28 million soums per ton, or by 2.6%. The daily volume of flour sales averaged 6.68 million tons.

As a result of exchange trading, the weekly weighted average price of flour of the 1st grade amounted to 4.28 million soums per ton.

A drop in prices was recorded on the sugar exchange market. During the past week, 11,003.0 tons of sugar were put up for sale, of which the entire volume was sold. An average of 509 buyers took part in exchange trading daily.

During the period under review, the daily average price for sugar of all categories decreased from 11.98 million soums to 10.62 million soums per ton, or by 11.3%.

As a result of exchange trading, the weekly weighted average price for local sugar of the extra category amounted to 9.41 million soums per ton.

During the past week, 6,400.0 tons of polyethylene were put up for sale, of which the entire volume has been sold. The daily sales of polyethylene averaged 1.28 million tons.

During the period under review, the daily average price for polyethylene of all grades decreased from 21.68 million soums to 16.12 million soums per ton, or by 25.6%. An average of 96 buyers took part in exchange trading daily.