Exchange prices for cottonseed oil continue to rise in Uzbekistan

Published 2022년 6월 8일

Tridge summary

Uzbekistan has seen a significant increase in the price of cottonseed oil, with the maximum cost per ton reaching over 18 million soums in May. The average price in May was 16.9 million soums, a 2.9% increase from the average price in January, and a 72.1% increase from the minimum price in January. The volume of cottonseed oil traded on the exchanges has been increasing monthly due to increased demand from the population and organizations, particularly public catering enterprises.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In May, the maximum cost of a ton of products exceeded 18 million soums In Uzbekistan, the growth of exchange prices for cottonseed oil continues. In May, the maximum cost of a ton of products exceeded 18 million soums, a Podrobno.uz correspondent reports citing data from the Ministry of Agriculture. The average price of cottonseed oil sold at the Uzbek Commodity and Raw Materials Exchange in January amounted to 14.9 million soums per 1 ton, the minimum price was 10.9 million soums, the maximum price was 16.4 million soums. There were no significant changes in February, but sharp jumps in prices have been observed since March. In particular, in March, the maximum price for cottonseed oil rose to 17.3 million soums, which is 5.2% more than the maximum price in January. The highest price was observed in May, it amounted to 18.8 million soums per 1 ton of products, having increased by 14.3% compared to the maximum price in January, and by 72.1% compared to the minimum price in ...
Source: Oilworld

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