The exchange value of liquefied gas (propane) in Uzbekistan showed significant growth, increasing by 60.6% in a single trading day to reach the mark of 11.9 million soms per ton. During this period, the cost of one ton of gas rose by approximately 4.5 million soms.
According to information provided by the Uzbek Republican Commodity and Raw Materials Exchange, the average price of propane on September 17 was 11,904.9 thousand soms per ton, while the total trading volume that day reached 914 tons.
This sharp price jump is linked to the change in the regulation of the liquefied gas market. A presidential decree from September 12 established the requirement that all liquefied gas produced or imported into Uzbekistan must be sold through exchange trading, except for batches sold directly at their own stations.
Furthermore, the previously existing restriction on increasing the exchange price relative to the price declared when listing goods for trade has been abolished. This document also outlines a plan for the gradual introduction of market principles into the system of supplying liquefied gas to the population and the establishment of a new company, LPG-Trade, while maintaining priority supply to residents.
Previously, in March, the Competition Development Committee conducted an audit of the activities of major propane importers. The results of this audit led to the conviction of 31 business entities for unjustified price increases and anti-competitive behavior, resulting in collective fines amounting to 28.9 billion soms.


