OREANDA-NEWS. August 09, 2012. The Government of the Russian Federation approved an order to include coal in the list of exchange commodities, off-exchange transactions with which, including long-term supply contracts, are subject to mandatory registration by exchanges, reported the press-centre of FAS Russia. 

From 20th July 2012, all coal producers, whose groups of persons sold over one million tons of coal in the preceding year, must register all off-exchange transactions with coal allowed to be traded on Russian commodity exchanges.

According to the information on the official web-sites of “Moscow Stock Exchange” OJSC, “St Petersburg International Mercantile Exchange” CJSC and “St Petersburg” Exchange” CJSC, hard coal and coking coal can be traded at exchanges.

Introduction of coal transaction registration will ensure transparent pricing on relevant markets.