Market insights

Developments that affect petroleum trading, pricing and market infrastructure.

Trading

First sale of primary aluminum on the Petersburg Exchange

The Petersburg Exchange’s Metals and Alloys section completed its first primary aluminum sale for 20 tonnes at 360,200 rubles per tonne (VAT included) with road pickup from Volgograd, and a new edition of the commodity specification and expanded delivery bases were introduced.

Logistics

FESCO and Petersburg Exchange unite to develop container transport of exchange goods

The transport group FESCO and the Petersburg Exchange signed a cooperation agreement to develop container transport of exchange goods, including joint transport operations and the development of digital services for trading, logistics, and finance.

Regulation

Exchange clarifies the procedure for issuing an extract from the list of fixed bids

The Exchange clarifies that, under Bank of Russia Regulation No. 437-P and the exchange rules, the extract from the list of fixed bids is issued only upon a participant’s written request and is not automatically provided with the service acceptance report; it is issued based on a separate written declaration.

Trading

Over 2 million cubic meters of lumber traded on the Petersburg Exchange since the start of 2026

Since the start of 2026, more than 2 million cubic meters of lumber have been traded; by July 27 turnover reached 4.18 billion rubles with 5,647 contracts concluded, and participant numbers grew to 4,657.

Analysis

Petersburg Exchange releases a test SPX addon for the R7-Office spreadsheet editor

A test SPX addon has been released, providing access to SPX data and automated exports, including a built-in function wizard to simplify query creation.