Testing electronic exchange trades in coal products had passed at Commodity Exchange "Ukrainian Energy Exchange", which lasted from 7 December 2012 till 28 January 2013. As a result 318 000 tons of coal have been proposed for the sale, among which 15 000 tons has been sold.
Every Friday starting from February 1st 2013 CE "Ukrainian Energy Exchange" organizes electronic exchange trades in coal products, which is open to all producers, suppliers and consumers of coal products in accordance with the rules of the Exchange.
Introduction of the exchange technologies will provide an objective mechanism of coal prices. Setting of the market prices will have a positive impact on the economic situation of the coal industry as a whole, therefore, will make it interesting for investors. Also it should be noted that the use of exchange technology in coal products selling will simplify the process of buying and selling, make it more open and transparent.
To participate in the exchange trading in coal products please contact the Trading department of CE "Ukrainian Energy Exchange" by phone: +38 (044) 591-25-00.