The specialists of the Uzbek Commodity Exchange (UZEX) has developed and implemented a new electronic module of the Special Commission on consideration of disputes and disagreements on issues of public and corporate procurement.

Uzbek commodity exchange has modernized its electronic system of exhibition trade in the framework of measures to improve electronic trading, which is the basis for the development of electronic commerce. With the popularity of the Internet-trading growing in the world, the exchange specialists held consistent work to develop the system of exhibitions and trade fairs on the basis of new innovations.

On July 23, the Board of the Uzbek Commodity Exchange held an enlarged meeting on the results of the work of the exchange during the first half of 2016, as well as the tasks set for the third quarter. The meeting was attended by the heads of subdivisions of the Central apparatus and regional branches.

In September, the trades on Uzbek Commodity Exchange market documented the growth of sales on almost all trading platforms. The overall volume of transactions, as compared to September 2014, grew by 3.1% and made up 812.6 billion soums.

The rebar prices in the commodity market remain volatile in the current year, because of the dynamics of its supply and demand. If in January, the volume of put forward reinforcement brands СТ 12-35 ГС amounted to 460 tons, in March this figure first rose to 917 tons, then fell to an average of 728 tons. Against this background, the weighted average price of reinforcement during January-March fell from 2.8 million to 2.3 million soums per ton. In other words, the stock market of reinforcement fell from its peak to a minimum for the current year.

In August, the total volume of transactions concluded on the trading platforms of the Uzbek Republican Commodity Exchange reached 787.1 billion soums, that practically corresponds to the same period last year, the press service of the Uzbek Commodity Exchange says.

The commodity exchange market of liquefied gas in Uzbekistan continues to develop dynamically. So, from August 19, the circle of hydrocarbon traders on the commodity exchange has been extended by another manufacturer - "UZ-KOR GAS CHEMICAL".

The press conference for media on "Information and communication technologies is an important factor in the development of exchange trading" was held at the National Press Center of the Uzbek Commodity Exchange on August 13.