Market insights

Developments that affect petroleum trading, pricing and market infrastructure.

Trading↗

Trading of secondary plastics and scrap metal on the Petersburg Exchange exceeds 8,000 tonnes in January–September

For January–September this year, the Petersburg Exchange recorded trading volumes for secondary plastics and scrap metal exceeding 8,000 tonnes, with a breakdown by item and indicative prices.

Regulation↗

Petersburg Exchange Vice President Elena Sidorova on Trends in Gas Trading Regulation

Elena Sidorova compares the Russian gas market with foreign gas hubs, examining the commercial balancing mechanism and the role of a gas supply operator in accounting for gas and transferring ownership. Proposals for improving legislation and the prospects of the Exchange as a platform for gas supply contracts, including exports, are discussed.

Regulation↗

Centre for Energy Law Publishes Monograph 'Modern Gas Law'

The Centre for Energy Law published the monograph 'Modern Gas Law' edited by V.V. Romanova, examining the evolution of gas law, its sources of regulation, and international project regulation.

Trading↗

Petersburg Exchange Timber Trading Volumes Reach 3.01 Million Cubic Meters Since Start of 2026

Since the start of 2026, the Petersburg Exchange has traded over 3.0 million cubic meters of timber, with turnover totaling 5.94 billion rubles and 8,321 contracts by October 21; total participants reached 4,813.

Indices↗

Petersburg Exchange Holds First Meeting of Cement Indices Expert Council

The Petersburg Exchange held the first meeting of the Cement Indices Expert Council. The meeting discussed the features of cement exchange trading and OTC contract registrations in the context of index calculation.

Trading↗

Cement Day: cement remains a cornerstone of the world

October 21 is observed as Cement Day. Historically, cement emerged as Portland cement; global production in 2025 reached 3.8 billion tonnes, with China at 1.7 billion and Russia at 58.6 million tonnes.

Trading↗

The Petersburg Exchange sold the first thousand kilograms of linden honey produced in Primorsky Krai

The first sale of linden honey on the Exchange demonstrates progress in the agro-industrial sector; sugar and sheep wool are already traded, with meat trading in the works; a commodity murabaha financing mechanism is available.

Indices↗

Special project by SPB Exchange and RBC: a new section on exchange trading of construction materials is now available

SPB Exchange and RBC have launched a new section on exchange trading of construction materials. The market is gradually moving to exchange-based mechanisms with transparent pricing and standardized procedures.

Regulation↗

Approved list of restricted information in the fuel and energy sector

The decree approves a list of restricted information in the fuel and energy sector and the procedure for its use. The list includes information on planned volumes of goods sales and volumes of deals by a legal entity and/or an entity within its group in exchange trades for the sale of high-octane gasoline and diesel produced from oil feedstock.

Logistics↗

Yakutugol makes first coal sale on the Exchange

Yakutugol completed a coal sale on the Exchange amounting to 4,200 tonnes under franco-vagon terms at destination station, including transport to Neryu-ngri-Passazhirskaya; comments from Mechel and the Petersburg Exchange highlighted cooperation.

Trading↗

New product groups brought to exchange trading: seminar for faculty

The seminar covered how new product groups are brought to exchange trading, how organized trading is conducted, and the subsequent settlement of obligations. The project phases and information exchange between the Exchange’s systems were demonstrated.

Regulation↗

Registration of off-exchange contracts for oil products becomes mandatory on the Petersburg Exchange

In September 2026, the Petersburg Exchange recorded strong off-exchange contract registrations for oil products, and from September 16, 2026, mandatory registration of off-exchange contracts from 1 tonne was introduced; a government decree sets further registry disclosure requirements.