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NEWS AND EVENTS
August 13, 2013
UZEX summed up the first half of 2013
At the central office of Uzbek Commodity Exchange (UZEX) has been held an enlarged meeting of the board of the exchange with the participation of heads of departments of the central office and regional offices on results of operations for the first six months of 2013 and priorities for the III quarter.
As was noted at the meeting, during the period the growth rate of the main indicators of exchange significantly exceeded forecasts, as demonstrated by results of trading. In particular, total turnover amounted to 3.37 trillion soums (Currency rates of CB from 13.08.2013 1$=2111.45soums), which is 25.3% more than in the first half of 2012. In particular, the volume of trading amounted to 2.9 trillion soums, with a growth of 25.8%, exhibition trades - 270.7 billion soums (up 15.3%) and electronic trade on public procurement - 176.9 billion soums (up 33.7%).
Results have been achieved by expanding the range and increasing the volume of traded assets, and by adherence to the contractual discipline. In the overall structure of goods sold were leading products such as cement, which accounted for 28%, food products, including cooking oil, flour and sugar - 23%, non-ferrous metals - 8%, liquefied gas - and oil 6% - 4%.
Along with the increase in sales within the country, the export market has also shown impressive growth. Thus, through the exchange and exhibition trades were sold goods by 162.68 billion soums, which is 38% more than the index of the last year. Of these, through a currency trading platform were sold goods on 128.8 billion soums, with growth of 16.9%. According to results of the export trade in high demand among foreign customers were products such as liquefied natural gas - 28%, cement - 22%, oil - 21%, PE - 16% and mineral fertilizers - 22%.
In the first half of 2013, due to formation of market prices, the company - sellers have an additional income of 1 trillion soums, which is 26% more than the same period of the last year.
During the reporting period, the subjects of small business and entrepreneurship have become even more to position themselves as active participants in the stock exchange and auction trading. Altogether they made acquisitions on amount 1.3 trillion soums (up 15%) and sold products of own production on 371.2 billion soums, which is 8.2% more than last year.
Positive trend kept in electronic trading on public procurement also contributed to the adoption of the Resolution of the President of the Republic of Uzbekistan dated from April 5, 2013 ¹ PP-1948 \"On the optimization of e-procurement system and expanding access to business entities\".
The volume of e-tendering for public procurement has increased by 33.7% to 176.9 billion soums, budget savings of 6.2% to 36.1 billion soums. In general, the number of suppliers of the small business share was 82.9%, and their number increased by 22.1%.
In the structure of goods (works, services) purchased by budget organizations leadership kept the food - 33%, maintenance of buildings and vehicles - 20%, the purchase of computer equipment and machinery - 12%. The average value of transactions reached 1.4 million soums.
Thus, during the meeting of the Exchange Board was noted a number of positive results achieved by the exchange stock in the first half of this year. However, as a priority for the III quarter were designated tasks such as maintaining a sustained rate of growth of trade, by increasing the volume of exhibiting products, non-exclusive and highly liquid type, the volume of export transactions in regions and the implementation of the initial phase of the modernization of technical and technological Base Exchange.
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