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Date: 2 months ago   Category: Finances

Traders won't be allowed prior to the auction of fuel till March 31


Media were written about details of the agreement on freezing of fuel prices which traders called terrible. Until the end of March on the auction only networks of gas station, end industrial and agricultural small wholesale users of the Photo will be allowed: depositphotos.com Is updated in 13:14dlya freezing of petrol prices of oil traders will suspend from exchange trade. It was discussed at a meeting under the chairmanship of the Deputy Prime Minister Dmitry Kozak on whom the largest Russian oil companies have agreed to freeze prices of oil products at gas station and in wholesale. According to RBC, till March 31, 2019 on the auction only networks of gas station, end industrial and agricultural small wholesale users will be allowed. As it is explained in the protocol of a meeting, it becomes "for an exception of speculative transactions in domestic market of oil products". Traders called this ban terrible.

This measure initially sounded as imposing of restrictions for speculation in oil products, that is on purchase and the subsequent almost instant resale. When the processor — the oil company — exposes the offer and him right there by means of IT solutions, in other words robots, intercept and expose slightly more expensively, and it is valid in the current conditions inadmissibly. However the present measure was unexpectedly transformed to full expression of traders from the auction. It can't be done, the president of the Independent fuel union Pavel Bazhenov:pavel Bazhenov the president of the Independent fuel union "Though we considers and we represent retail, but not independent trading, nevertheless traders perform rather positive function the fact that grant the commodity loans, that broker function is performed. That is, if to exclude speculation, and I there were a speech about these measures for a long time and the decision is prepared, it is quite enough. To exclude traders absolutely from the auction — it is simple to destroy a link of independent trading because the exchange — the main platform on trade in oil products. If to exclude traders from there till spring, it just bankruptcy of most of participants of the market, traders. Here it is about tiring out the maximum quantity is both owners of gas station, and consumers — on the exchange independently. But important function of traders was the fact that they provide a financial shoulder, and considering that economy which today, say, retail business has, current assets are washed very strongly up at us today. Therefore to freeze money for 30 days is elementary, and purchase of a product at the exchange assumes such freezing of means, it only before shipment, and still then it should be realized, that is there all two months it turns out as a result from the moment "has spent" till the moment "has received", it is hardly possible to call it an adequate measure". Business FM has talked to traders. Here that the head of LLC Volgatransneft Stanislav Germanov: thinks — Here every month everything unclear turns out at the prices to the market wholesale and retail therefore now it is heavy to tell at once, what it will be farther. Никт

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