Experts from the CTS Exchange and the FAS discussed the development of exchange trading in the petrochemical industry.
The development of exchange trading in the petrochemical industry and the formation of national price indicators were discussed in Moscow. The topic became one of the key points at a meeting attended by the director of the Kazan branch and GR director of the CTS Exchange, Dmitry Zolotov, and the head of the regulation department for the fuel and energy complex and chemical industry of the FAS of Russia, Elena Tsysheskaya. The speakers reminded that since March of last year, a joint order from the FAS and the Ministry of Energy has been in effect, requiring the sale of four types of products on the exchange — toluene, styrene, phenol, and ortho-xylene. According to Dmitry Zolotov, this mechanism has allowed for the formation of a significant array of price information and has set the direction for further development of exchange trading tools. He noted that the document not only helped meet the established standards but also increased business interest in the exchange as an effective pricing tool. Elena Tsysheskaya, in turn, pointed out that all the mentioned goods are sold on the exchange in the necessary volume, and since December 5, price indicators have already been published. She also emphasized that the exchange format has proven to be in demand among both sellers and buyers, and the order has effectively opened up the possibility for other types of products to enter the exchange. Speaking about the formation of price sovereignty, the FAS representative noted that the system is being formed in three directions: the exchange segment, the over-the-counter market, and the price agency being created in Russia. She reminded that since September of last year, a law on commodity and financial indicators has come into force, which provides for a three-year transition period for the formation of a national system. As part of this work, as Tsysheskaya clarified, on January 27, the first meeting of the interdepartmental commission was held at the FAS, where the methodology for calculating the gold indicator was approved. In the future, it is planned to develop methodologies for a wide range of goods, including petroleum products, petrochemicals, coal, and timber. At the same time, according to her, business will necessarily be involved in the discussions, as market participants understand best how to correctly form such indicators. More details: https://www.tatar-inform.ru/news/eksperty-birzi-cts-i-fas-obsudili-razvitie-birzevoi-torgovli-v-nefteximii-6022011
More news about the event:
Experts from the CTS Exchange and the FAS discussed the development of exchange trading in the petrochemical industry. The development of exchange trading in the petrochemical industry and the formation of national price indicators were discussed in Moscow. 19:17 06.04.2026 Bugulminskaya Gazeta - Bugulma
Experts from the CTS Exchange and the FAS discussed the development of exchange trading in the petrochemical industry. The development of exchange trading in the petrochemical industry and the formation of national price indicators were discussed in Moscow. 18:26 06.04.2026 Almetyevsk RTV - Almetyevsk
Experts from the CTS Exchange and the FAS discussed the development of exchange trading in the petrochemical industry. The development of exchange trading in the petrochemical industry and the formation of national price indicators were discussed in Moscow. 17:47 06.04.2026 Gazeta Znamya - Buinsk
News from neighboring regions on the topic:
FAS: the development of exchange trading is one of the key tools for forming a competitive environment in commodity markets. The initiatives of the service for the development of exchange trading were discussed by the deputy head of the agency, Gennady Magazhinov, at the X International Forum "Exchange Commodity Market." The deputy head of the service emphasized, 11:33 06.04.2026 UFAS - Khanty-Mansiysk
Другие Новости Казани (Казань716)
Experts from the CTS Exchange and the FAS discussed the development of exchange trading in the petrochemical industry.
The development of exchange trading in petrochemicals and the formation of national price indicators were discussed in Moscow. 06.04.2026. Newspaper Znamya. Republic of Tatarstan. Buinsk.
