Towards high-quality coal indices

05-10-2017 | 15:55

The V meeting on registration of off-exchange coal supply transactions pointed out that the quality of information provided by coal companies to register transactions is improving

Attendees included representatives of the Ministry of Energy, “SUEK” JSC, “KOLMAR” Ltd., “Russian Coal”, “Maiskoe” Mine Administration” Ltd., “Kuzbassrazrezugol” Managing Company” OJSC, “SDS-Coal” Holding” OJSC, “Vorkutaugol” JSC, and the Institute of Natural Monopolies.

Representatives of “St Petersburg International Commodities Exchange” JSC pointed out that in spite of improved quality of the submitted information, typical errors remain:  a lot of corrected errors, breaching the deadline for data submission, failure to submit information about the transportation costs, failure to comply with “SPIMEX” recommendations and errors reducing the price to the supply basis.

“SPIMEX” JSC continues free individual training on registering off-exchange coal-supply transactions (contracts).

Anatoly Golomolzin, Deputy Head of FAS pointed out: “High-quality coal indices are important to form the tariffs for housing-and-utility services, develop the energy coal market and control compliance with the antimonopoly law”.

Failure to execute or improper execution of the Regulations on providing information about the contacts concluded by the parties through off-exchange trading, that include obligations to transfer the property rights for the goods, allowed for on-exchange trading, are punished by fines, specified in the Code of the Russian Federation on Administrative Violations.

Explanations on registering coal-supply off-exchange transactions (contracts) are published on the web-sites of “SPIMEX” JSC and FAS.



Site Map

News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Mission, Goals, Values Priority Setting Institutional Memory Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings GCR Using our website International Cooperation Treaties & Agreements International Working Groups Working Group on Research of Competition Issues in the Market of International Telecommunications (Roaming) Meetings Working Group for Studying Competition Problems in the Pharmaceutical Sector Concept Note Meetings OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 FAS Annual Reports OECD-GVH RCC RCC Newsletter ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 13th session IGE UNCTAD Resolution Russian contributions 14th session IGE UNCTAD Resolution Russian contributions 15th session IGE UNCTAD 16th session IGE UNCTAD UN Conference Resolution of the Conference Russian contributions EEU Model Law on Competition ICN BRICS WG (Markets of Social Importance) EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Archive Working Group on Investigating Issues on Pricing in the Oil and Oil Product Markets and Methods of their Functioning Meetings Document Library Legislation Reports & Analytics Cases & decisions Contacts Give feedback Contact us Links Authorities Worldwide