What are you looking for:
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
... possible that as demand rises, supply volumes should have increased as well. It was no coincidence that on June 17, the Federal Antimonopoly Service (FAS) reported that it had sent a request to Gazprom regarding the reasons for the decrease in fuel sales on the exchange. The company owns the Astrakhan and Surgut plants, which produce gasoline and DF.
In 2023, Russia is not facing issues with fuel delivery to regions or with production and reserves.
The rise in retail prices is being monitored by the government and the FAS, which are striving to prevent them from exceeding inflation. However, this is more of a guideline than a firmly established rule. Last year, gasoline prices in retail rose above inflation....
Why are retail gasoline prices rising?
... resembles last year when, by late summer, price increases at gas stations outpaced inflation, prompting the government to take urgent measures to curb the rise. These measures included a ban on gasoline and diesel exports, higher quotas for exchange-traded sales, and stricter FAS control over oil depots and gas stations. While these tools remain available to the government, this year’s situation is somewhat different.
Last year, retail price increases were linked to a sharp spike in wholesale fuel prices. At the time, AI-92 traded above 70,000 rubles per ton, AI-95 exceeded 75,000 rubles, and diesel fuel reached 74,000 rubles per ton. Currently, AI-92 is trading at 54,700 rubles ...
Where does Lenta invest?
... delivery infrastructure. This allows it to meet the growing demand for e-commerce and compete with market leaders. In 2023, online sales grew by 35%, which demonstrates high potential for further revenue growth.
Expansion of the store network:
The company continues ... ... significant prospects, investors should consider a number of factors that could affect the company’s results.
High competition in retail:
The retail market in Russia remains extremely competitive, with major players such as Magnit and X5 Group actively fighting ...
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... competition, assesses the full ban on gasoline exports somewhat differently. He also believes that rising exchange prices will affect retail prices, but is confident that the export ban's effects have not yet been reflected in the market. The results will only ... ... to introduce state regulation.
It was previously reported that the FAS is considering raising the minimum volume of gasoline sales on the exchange from the currently mandated 15% to 17%.
Source:
RG.RU
Thursday, November 21, 2024 Key Economic Events
... reports will set the tone for market movements, while corporate earnings from tech giants like Baidu and PDD, along with U.S. retail leaders, provide insights into sector performance.
Key Economic Events for Thursday, November 21, 2024
Central Bank ... ... economic recovery, which may boost demand for European exports such as industrial machinery and raw materials.
Existing Home Sales (U.S., October, 6:00 PM MSK):
A key indicator of the housing market's health in the U.S. A strong housing market could further ...