November 18 2002, 16:28

Grain interventions clear the road to exchange grain market in Russia

By way of state grain interventions that have been recently performed in Russia, the country's Ministry of Agriculture is not only stabilising price situation in local grain market, but creating pre-requisites for formation of organised grain market in Russia. In such conditions exchange market of grain in the country can be created within the next year, press-service of Russian Exchange Union has informed.

The system of distributed tenders of Central Russian Universal Exchange, worked through in the course of interventions, must become a prototype for the system of exchange grain trade in Russia.