08.09.2016 Kyiv

Commodity Exchange "Ukrainian Energy Exchange" held an auction for the sale of liquefied gas of PJSC "Ukrgasvydobuvannya" in the course of which, were sold 5180 tons of liquefied gas in the price range of 20 102 – 20 617 UAH/t. During the trading session were concluded 130 transactions.

Experts notice the dynamic growth of liquefied gas market (LPG), since the weakening of the national currency and the growth of the deficit and excessive demand on LPG leads to record growth of prices on the market. According to the results of trading growth from 25 to 37% was registered compared with the previous trading session.

"Today, the auction set a new record price on liquefied gas. If you convert the prices in litres, the average sales price is up to 11 UAH per litre. Such a rapid increase in prices, firstly due to the difficult market situation which has arisen in connection with shortage of the resource. However, even in this complicated situation, exchange trading allowed in full to satisfy demand from participants and to give a fair maximum market prices for PJSC "Ukrgasvydobuvannya"," - said UEEX CEO Oleksandr Kovalenko.

We will remind that by results of last trading sessions UEEX experts noted steady prices growth on the market. Most fundamental market factors indicate a further prices increase on the market.