MINSK, 5 February (BelTA) - Since the beginning of the year the commodity exchange exported almost 5,000 tonnes of Belarusian pulp, BelTA learned from the press service of the Belarusian Universal Commodity Exchange (BUCE).
Two trading sessions in January and February 2025 at BUCE sold 4,800 tonnes of bleached sulphate pulp produced by Svetlogorsk Pulp and Board Mill. The buyers were companies from China and Singapore accredited at the exchange. According to BUCE, the starting prices for pulp lots put up for sale wend up during the auction.
"During the preparation for an auction, we send notifications to all potential non-resident buyers about the lots on sale. This helps create a competitive environment. For example, five companies from China and Singapore participated in the trading session on 4 February. The auction sold two lots of pulp 1,600 tonnes each, and due to competition among foreign buyers, the starting price increased by 2.6%, which provided additional revenue to the domestic producer. By the way, the previous auction in January was also held in a competitive environment, with prices rising by 4%," the BUCE press service noted.
The BUCE has held auctions in bleached sulphate pulp for foreign buyers since October 2024. During this period the volume of export transactions in this product amounted to 11,200 tonnes. Trading sessions are organized as sales orders are filed by Svetlogorsk Pulp and Board Mill.
The public joint-stock company (OAO) Belarusian Universal Commodity Exchange was established in 2004. The first trade sessions took place in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its key function is to assist Belarusian companies with exporting their products and assist foreign companies with entering the Belarusian market. The commodity exchange facilitates trade in metals, timber, agricultural products, and a broad choice of industrial and consumer goods.
Two trading sessions in January and February 2025 at BUCE sold 4,800 tonnes of bleached sulphate pulp produced by Svetlogorsk Pulp and Board Mill. The buyers were companies from China and Singapore accredited at the exchange. According to BUCE, the starting prices for pulp lots put up for sale wend up during the auction.
"During the preparation for an auction, we send notifications to all potential non-resident buyers about the lots on sale. This helps create a competitive environment. For example, five companies from China and Singapore participated in the trading session on 4 February. The auction sold two lots of pulp 1,600 tonnes each, and due to competition among foreign buyers, the starting price increased by 2.6%, which provided additional revenue to the domestic producer. By the way, the previous auction in January was also held in a competitive environment, with prices rising by 4%," the BUCE press service noted.
The BUCE has held auctions in bleached sulphate pulp for foreign buyers since October 2024. During this period the volume of export transactions in this product amounted to 11,200 tonnes. Trading sessions are organized as sales orders are filed by Svetlogorsk Pulp and Board Mill.
The public joint-stock company (OAO) Belarusian Universal Commodity Exchange was established in 2004. The first trade sessions took place in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its key function is to assist Belarusian companies with exporting their products and assist foreign companies with entering the Belarusian market. The commodity exchange facilitates trade in metals, timber, agricultural products, and a broad choice of industrial and consumer goods.
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