SUEK Gets Right to Trade on SPIMEX
OREANDA-NEWS. The open joint-stock Siberian Energy Coal Company (SUEK) and the closed joint-stock company "St. Petersburg International Mercantile Exchange (SPIMEX) signed a half-year agreement granting SUEK the right to trade on SPIMEX, at Petroleum Products Section. To date, SPIMEX is the largest authorized trading location in Russia to offer wide opportunities to sell and buy petroleum products.
The signed document enables SUEK to choose the most optimized market prices for diesel fuel offered by various oil refineries within the Russian Federation.
As soon as the next week, SUEK is taking part in a trading session.