The total value of transactions conducted through the Republican Commodity Exchange (UzRTSB) reached 164.1 trillion sums. This information comes from the platform's report during a press conference held on February 7.

Compared to the previous year, this figure has increased by 11.8%. While the volume of electronic public procurement grew by 5.3% over the past 12 months, the turnover in exchange trading saw an increase of nearly 15%.

Revenue from the sale of "fancy" car license plates doubled. A total of 195,000 combinations were sold, with 97% purchased by individuals. The most expensive plate was sold at auction for 965.3 million sums.

Through the exchange, 64.3 thousand certificates of "green" energy were sold, marking the first auction for these certificates that began in the summer of 2023. The trading volume approached 876 million sums, with an average exchange quotation of 13.6 thousand sums per certificate.

Over the year, approximately 30,000 farms sold 2.5 million tons of raw cotton in exchange trading through futures and spot contracts. Additionally, over 1.2 million tons of last year's grain harvest were sold through the platform.

The UzRTSB introduced a two-way counter auction mode in September, establishing market prices based on the balance between supply and demand. Furthermore, the exchange launched a separate online platform, Uzex Agro, for the sale of agricultural products grown by farms and dehkan farms.

Starting this year, cotton trading will transition to a two-way counter auction mode specifically by region. Clusters will submit price offers for futures and forward contracts on the exchange, allowing farmers to select the best options.

Shavkat Mirziyoev signed a decree in January to reorganize the cotton trading system based on market mechanisms. The document stipulates the introduction of a starting price for cotton under futures and forward contracts, which will be determined based on the average quotation over six months on the New York Exchange.

Previously, Spot reported on the commencement of sales for "fancy" domain names on the commodity exchange.