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The MSE Commodity Market Section operates according to the law of the RF ¹ 2383-1 of February 20, 1992 on Commodity Exchanges and Trade on the Exchange as well as the licence of the Commission for Commodity Exchanges at the RF Ministry of Antimonopoly Policy and Support of Entrepreneurship ¹ 97 of July 13, 1998 and its amendments of August 23, 2001, issued on the organization of exchange trading across Russia in the following commodity groups:
- Agricultural products;
- Energy sources (oil and oil products, gas and gas condensate);
- Irons;
- Non-ferrous metals and alloys;
- Constructional materials;
- Timber;
- Pharmaceuticals;
- Industrial equipment and components;
- Consumer goods;
- Standardized contracts;
- Minerals;
- Chemicals.
Over the time of the MSE Commodity Market Section activity the total volume of trading has reached 40 billion rubles.
The first half of 2007 was marked by the launch of trading in the following groups: Chemicals, Irons and Energy sources.
According to 2007 results, the volume of trading in the MSE Commodity Market Section exceeded 36 billion rubles, and was 12.5 times as much as 2006 numbers.
Thanks to the vigorous growth of trading volume in 2006 and 2007, the MSE has become the leading exchange of the Russian commodity market.
Since 2002 over 12 million tons of goods have been sold in the MSE Commodity Market Section, and the number of deals exceeded 10 thousand.
In 2007 the Constructional materials group dominated trading in the MSE Commodity Market Section (90% of the total trading volume). Second and third positions were respectively occupied by the groups of Chemicals and Minerals.
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