Market insights

Developments that affect petroleum trading, pricing and market infrastructure.

Petrochemicals↗

New Petrochemical Product on the Petersburg Exchange: HDPE HD08530 CC and a New Instrument PC5DDTM021A

A new instrument PC5DDTM021A has been introduced on the Petersburg Exchange for HD08530 CC polyethylene, intended for caps and closures.

Trading↗

Republic of Komi expresses interest in participating in Petersburg Exchange trading

Following the VI Republican Exhibition Dostoyanie Severa-2026, Komi representatives expressed interest in participating in exchange trading, discussing procurement and sale of a broad range of goods, including coal and oil products, with pilot trading sessions planned.

Trading↗

First trades of shaped rolled products in the Metals and Alloys section of the Petersburg Exchange

The Metals and Alloys section of the Petersburg Exchange completed its first trades of shaped rolled products, totaling 500 tonnes, including angles 75x75x5, 100x100x7 and channel 14U steel grade 3, produced by United Metallurgical Company (OMK Group), with pickup-from-plant delivery from its Perm region warehouse.

Regulation↗

How the Russian TEP can secure insurance coverage for risks not always accepted by the market

The vice-president of the Petersburg Exchange analyzes international mutual insurance experience and proposes a phased model for creating an industry mutual insurance society in the Russian fuel and energy complex.

Regulation↗

Procurement under 223-FZ on the Petersburg Exchange: what is the benefit for companies?

A detailed RBC landing page discusses company procurements on the Petersburg Exchange under 223-FZ, explaining how the exchange format differs from traditional ETTP procurement and the transparency and efficiency it provides.

Indices↗

Petersburg Exchange publishes wholesale price indicator for styrene

Starting today, the Petersburg Exchange calculates and publishes a wholesale styrene price indicator, reflecting monthly dynamics and the monthly weighted price level (rubles per tonne, VAT included, transport excluded) at four key styrene production sites in the European part of Russia, excluding Siberian plants. The indicator is based on prices of exchange contracts concluded in the Oil Products section, with values determined monthly; preliminary monthly data are compiled as well. The calculation approach was discussed with market participants and approved by the Expert Council on Oil Product Indices in July. Final values and methodology are available on the official Petersburg Exchange site.

Petrochemicals↗

Petersburg Exchange introduces new instruments for MTBE in petrochemicals

This is a large‑volume petrochemical product, a high‑octane component of automotive fuels that increases knock resistance. It serves as a raw material for isoprene, butylene and polyisobutylene, used in tire and rubber industries, as well as in the production of adhesives, sealants and lubricants. It is widely used in paints and coatings to make acrylic paints, and in solvents, degreasers and cleaners. In the chemical industry it is used to produce detergents, surfactants and components enhancing consumer chemicals. For MTBE analytical materials, see [the National Exchange Price Agency reviews](https://spimex.com/marketdata/national_exchange_price_agency/petrochemicals//).

Analysis↗

Marina Kovaleva Heads the Analysis Department for Oil Refining Markets

Marina Kovaleva heads the Analysis Department for oil refining markets at the National Exchange Pricing Agency, developing methodologies and survey quotes for petroleum products and petrochemicals, and contributing to national price indicators for polymers.

Regulation↗

Indonesia Establishes National Strategic Minerals and Commodities Exchange

The Government of Indonesia announced the establishment of the National Strategic Minerals and Commodities Exchange, with a planned commercial launch on January 1, 2027, designed to move trading of nickel, tin, copper, bauxite, and gold to national jurisdiction and reduce dependence on foreign exchanges.

Indices↗

Copper Price Consensus Forecast for 2026 on the London Metal Exchange (LME) and Analyst Commentary

The copper price consensus forecast for 2026 on the London Metal Exchange (LME) has been published, accompanied by commentary from Sinara Investbank Senior Analyst Sergey Krivokhizin.

Trading↗

New issue of the Exchange Bulletin: How steel is sold

The issue's main topic is how steel producers' entry into exchange trading is driving structural changes in the industry, with discussions on digitalization, automation, and cooperation with machinery manufacturing and a shift from volume-based to efficiency-driven models.

Regulation↗

Petersburg Exchange analyzes buyer composition in the Petroleum Products Section and advances gasoline supply mechanisms

As part of refining exchange trading mechanisms, the exchange analyzed the buyer composition in the Petroleum Products Section and introduced a mechanism to supply gasoline to end consumers; meetings with market participants continue to update it in line with current market conditions.