The Federal Antimonopoly Service and the Ministry of Industry and Trade propose to establish minimum volumes of cement sales on the stock exchange. This is stated in the message of the FAS.
The draft order on this is posted on the portal of draft regulatory legal acts. It specifies the minimum sales volume of certain types and classes of cement strength in the amount of 5%. The order applies to companies that occupy a dominant position in this commodity market.
Cement sales on the stock exchange will allow for the formation of market-based domestic price indicators; contribute to reducing the number of intermediaries in the supply chain; provide consumers with the opportunity to purchase products at competitive prices, the report says.
