Rus News Journal

On Roslesbirzhe has passed auction of quotas

the Exchange auctions in Moscow are close to end

a Series of auctions of the export certificates, spent by the Moscow stock exchanges in
a current of last two weeks, it is almost finished. On taken place yesterday
the auctions of Roslesbirzhi the rest allocated for realisation in
I quarter of a quota on business wood and saw-timbers (code TN foreign trade activities 4407) has been sold. As
representatives of a stock exchange have informed, the non-realised part of a quota will be exposed on
joint auction which in the near future intend to spend a little
the Moscow stock exchanges.

On auction of Roslesbirzhi have been offered business wood - 10 prizes on 1000
cubic m, 8 prizes on 2000 cubic m, 3 prizes on 3000 cubic m and 1 prize in 5000 cubic m
- and two kinds of saw-timbers: 5 prizes on 1000 cubic m and 1 prize in 2000 cubic M
(code TN foreign trade activities 4407), 3 prizes on 1000 cubic m and 2 prizes on 2000 cubic m (a code 4409).
1 prize in 1000 cubic m of saw-timbers (a code 4409), not
realised earlier at stock exchange auction " Besides, has been exposed; Bit of Vest taken place on March, 11th. In
result of the auctions all prizes on business wood and saw-timbers (a code 4407)
have been sold. The final prices of prizes for these kinds of raw materials, as always, it is considerable
have exceeded the starting: on business wood - in 3 - 6 times, on saw-timbers -
in 8 - 14 times.
representatives of exchange circles call into question expediency of carrying out
separate auction on sale of certificates on saw-timbers (a code 4409),
which and have not found buyers. In their opinion, the quota rest
is so small that expenses for carrying out of separate auction can exceed
the incomes received as a result of it. Therefore, most likely, stock exchanges
will unite efforts and will spend in the near future joint auction.

nelli - SHMAKOV