FAS: VOLUME OF SUGAR SALES ON THE STOCK EXCHANGE MAY BE AT LEAST 10 %
Sugar producers took the initiative at a meeting of the Exchange Committee for Development of Organized Trading in Agricultural Products
They announced their readiness to undertake voluntary commitments to sell at least 10 % of the sugar they produced on the stock exchange from the beginning of the 2023-2024 production season.
The initiative was the result of the interaction of FAS Russia with market participants and the popularization of exchange trading.
The authority and other interested agencies supported this initiative.
Besides, criteria for evaluating the fulfillment of voluntary obligations assumed by market participants, as well as a mechanism for monitoring their fulfillment, were determined.
Implementation of the initiative by sugar producers will ensure the liquidity of sugar exchange trading, the results of which can become the basis for the formation of a representative stock index.