Ежегодник 2015 PRINT ENG8 · spimex markets at a glance 2015 600 480 360 240 120 0 overall...
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WWW.SPIMEX.COM St. Petersburg International Mercantile Exchange In cooperation with FAS (Russian Federal Antimonopoly Service) MOSCOW TEL.: +7 (495) 380-04-24, FAX: +7 (495) 380-04-23 TIMURA FRUNZE STR., 24 ST. PETERSBURG MARATA STR., 69-71, A, TEL.: +7 (812) 449-53-83 IRKUTSK GORKY STR., 36 B, OFFICE III-12 TEL.: +7 (395) 248-83-20 +7 (395) 248-83-24 RUSSIA'S COMMODITIES MARKET NO V G Y O N R H O Z I D N L V A L S O R A Y R I M I D A L V W O C S O M N A Z A Y R
Transcript of Ежегодник 2015 PRINT ENG8 · spimex markets at a glance 2015 600 480 360 240 120 0 overall...
WWW.SPIMEX.COM
St. Petersburg International Mercantile Exchange
In cooperation with FAS
(Russian FederalAntimonopoly Service)
MOSCOW
TEL.: +7 (495) 380-04-24,
FAX: +7 (495) 380-04-23
TIMURA FRUNZE STR., 24
ST. PETERSBURG
MARATA STR., 69-71, A,
TEL.: +7 (812) 449-53-83
IRKUTSK
GORKY STR., 36 B, OFFICE III-12
TEL.: +7 (395) 248-83-20
+7 (395) 248-83-24
RUSSIA'SCOMMODITIES
MARKET
NOV GY ON RH OZI DN LVALSOR
AY RI
MID
AL
V W
OCS
OM
NAZ
AYR
CRUDE OIL
REFINED PRODUCTS
Timber
LPG
Registrationof OTCtransactions
Clearing house
Coal
Derivatives market
PETROCHEMICALS
Market data
Price indicesFUTURES CONTRACTS:UralsESPO
Gasoline Regular 92Diesel
Natural gas
INDICES Constructionmaterials
RUSSIA'S LARGESTCOMMODITIES EXCHANGE
2015SPIMEX MARKETS AT A GLANCE
600
480
360
240
120
0
OVERALL TURNOVERRUB, bn
2500
2000
1500
1000
500
0
NUMBER OF TRADING PARTICIPANTS
600905
1051
15941911
2010 2011 2012 2014 2015 2010 2015201420132011
90.8
284.9 257.9
413.2
532.5
1353
2013 2012
536.6
0.20
0.16
0.12
0.08
0.04
0.00
0.076
0.134
2010 2011 2012 2014 2015
LUBRICANTS
1750
1400
1050
700
350
0
625
1482
2010 2011 2013 2014 20152013 2012
Number of TradesVolume Traded
20
16
12
8
4
0
REFINED PRODUCTS
15.479
2010 2011 2012 2014 2015
125 000
100 000
75 000
50 000
25 000
0
99 263
2010 2011 2013 2014 20152013 2012
85 383
0.113
1278
0.40
0.32
0.24
0.16
0.08
0.00
0.038
0.311
2010 2011 2012 2014 2015
PETROCHEMICALS AND LPG
900
750
600
450
300
02013
0.089
17.190
13.523
9.56711.536
4.863
53 240
12 4588 46416 875
0.0510.014 0.006
150 28
736
2010 2011 2013 2014 20152012
415
56
186
38
0.0010.0060.017
166 57
WWW.SPIMEX.COM 1
mt, mln
mt, mln
mt, mln
Number of TradesVolume Traded
10
8
6
4
2
0
NATURAL GAS
7.650
2010 2011 2012 2014 2015
1500
1200
900
600
300
0
1181
2010 2011 2013 2014 20152013 2012
2.50
2.00
1.50
1.00
0.50
0.000.001
1.017
2.051
2010 2011 2012 2014 2015
CRUDE OIL*
80
64
48
32
16
01
68
49
2010 2011 2013 2014 20152013 2012
0.05
0.04
0.03
0.02
0.01
0.00
TIMBER AND CONSTRUCTION MATERIALS
0.025
2010 2011 2012 2014 2015
125
100
75
50
25
0
97
2010 2011 2013 2014 20152013 2012
0.534 61
0.728
64
0.037
34
2015
0.60
0.48
0.36
0.24
0.12
0.00
DERIVATIVES MARKET
0.177
2010 2011 2012 2014 2015
8000
6400
4800
3200
1600
0
4381
2010 2011 2013 2014 20152013 2012
0.1041955
0.359
0.119
0.508
0.026
3674
1290
6798
462
* - including trades carried out through TORG-i electronic platform
2
SPIMEX MARKETS AT A GLANCE
bcm
mt, mln
3m , mln
mt, mln
REFINED PRODUCTS MARKET 2015
VOLUME TRADED
2.0
1.6
1.2
0.8
0.4
0.0
1.456
1.2691.2931.2521.252
1.105
1.368
1.1171.1591.075
1.657
1.477
20.0
16.0
12.0
8.0
4.0
0.0
4.9
11.5
13.5
17.2
15.5
2010 2011 2012 2013 2015
mt, mln
2014
9.6
AVERAGE TRADE SIZE
210
175
140
105
70
35
0
169 165149 149
156157
1200
1000
800
600
400
0
575 567
254156
2010 2011 2012 2013 2015
mt
200
926149
162161 164154
146
201
2014
NUMBER OF TRADES
13200
11000
8800
6600
4400
2200
0
9 753
7 8707 7717 5837 094
8 738
7 4837 778
6 368
9 596
11 376
7 853
120000
100000
80000
60000
40000
02010 2011 2012 2013 2015
20000
2014
8 46416 875
53 240
99 263
12 458
85 383
WWW.SPIMEX.COM 3
TURNOVER
60
50
40
30
20
10
0 Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
48.5
43.842.541.1
33.6
41.2
34.732.2
29.6
47.048.9
42.7
600
500
400
300
200
02010 2011 2012 2013 2015
100
2014
89
254
387
486
272
516
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
RUB, bn RUB, bn
mt, mln
mt
SPB Exchange
1.7%
MoscowEnergy Exchange
0.0%
REFINED PRODUCTS MARKET 2015
RUSSIAN MARKET OF EXCHANGE-TRADED REFINED PRODUCTS (BY COMMODITY EXCHANGE)
RUSSIAN MARKET OF EXCHANGE-TRADED REFINED PRODUCTS (BY SELLER AND SEGMENT)
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Russian Producers
Secondary Market
94.1%
5.0%
0%
0.9%Belorussia Producersn
100%20% 40% 60% 80%
SPIMEX
98.3%
2015
SPIMEX
98.3%
SPB Exchange
1.7%
MoscowEnergy Exchange
0.0%
2014
REFINED PRODUCTS TRADED VIA SPIMEX, BY PRODUCT TYPE (mt, mln) (%)
Summer Diesel 3.481
20.3%
GasolinePremium 951.646
9.6%
Jet Fuel2.457
14.3%
Autumn/Spring Diesel0.662
3.8%
Winter Diesel1.442
8.4%
Fuel Oil2.525
14.7%
Other Refined Products0.233
1.3% Gasoline Regular 924.468
26.0%
2013 год2014 Arctic Diesel0.277
1.6%
Summer Diesel 2.814
18.2%
GasolinePremium 951.926
12.4%
Jet Fuel1.903
12.3%
Autumn/Spring Diesel0.572
3.7%
Winter Diesel1.311
8.5%
Fuel Oil1.797
11.6%
Other Refined Products0.175
1.1% Gasoline Regular 924.591
29.7%
2013 год2015 Arctic Diesel0.390
2.5%
4
Rosneft 33.3% 5.152
Surgutneftegas
16.2% 2.507Gazprom Neft
12.3% 1.910LUKOIL
11.4% 1.768
10.2% 1.582
5.381 -0.229 -4.3%
2.310 -0.400 -17.3%
2.652 -1.070 -40.3%
9.2% 1.417
0.8% 0.123
0.4% 0.064
0.2% 0.024
0.1% 0.010
1.159 +0.258 +22.3%
0.125 -0.002 -1.4%
0.022 -0.012 -54.9%
0.1% 0.010
5.8% 0.912
100.0% 15.479
0.003 +0.007
17.190 -1.711 -10.0%
Bashneft
TAIF-NK
TATNEFT
ForteInvest
IPC
Bogandinski Refineryy
Gazprom
Other
TOTAL
2.568 -0.061 -2.4%
1.764 +0.005 +0.3%
0.035 -0.011 -30.9%
1.137 -0.225 -19.9%
0.034 +0.030 +88.5%
3.3-fold rise
GASOLINE 2015
Number of trades
Volume traded (000' mt) 6634.995 +393.350 +6.3%
50957 +10342 +25.5%
47000
44000
41000
38000
35000
32000
29000Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
32927
MARKET ANALYSIS (BY SEGMENT)
95.7%
2.7%
0%
1.6%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
TRADES (BY SIZE)
up to 300 mt
3.8%
0.6%
0.0%
0% 20% 40% 60% 80% 100%
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
95.5%
0.1%
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
RUB/mt
33819
32916
34451
Gasoline Regular 92 Gasoline Premium 95
WWW.SPIMEX.COM 5
2015 2015 vs. 2014
MARKET ANALYSIS (BY SELLER)
VLADIMIR-BASED INDICES ON GASOLINEPREMIUM 95 AND GASOLINE REGULAR 92
Dec 2015 average
Gasoline Premium 95/
Gasoline Regular 92
+892+1535RUB/mt
% +4.7% +2.7%
Dec 2014 average
753,6900
750
600
450
300
150
0
000' mt
660,7682,6
533,2539,9475,0
523,8470,7490,5508,4537,3
459,4
6 1006900
5750
4600
3450
2300
1150
0
5 1295 169
NUMBER OF TRADES
4 2943 9163 7993 8763 713
4 1143 8363 901
3 110
124
180
150
120
90
60
30
0
mt
129132
AVERAGE TRADE SIZE (metric tonnes)
124138
125135
127119
133138148
VOLUME TRADED
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Rosneft 30.1% 1.995
Gazprom 16.2% 1.078
Gazprom Neft 15.9% 1.057
14.8% 0.984
11.8% 0.786
1.634 +0.362 +22.1%
0.996 +0.061 +6.1%
0.835 -0.049 -5.8%
6.4% 0.422
0.2% 0.015
0.1% 0.010
0.0% 0.000
0.712 -0.291 -40.8%
Bashneft
ForteInvest
TAIF-NK
LUKOIL
0.948 +0.130 +13.7%
0.719 +0.265 +36.9%
0.009 -0.009 -96.6%
0.003 +0.007
Surgutneftegas
0.016IPC
4.5% 0.288 0.355 -0.069 -19.3%
100.0% 6.635 6.242 +0.393 +6.3%
Other
TOTAL
—
0.0% 0.000TATNEFT
—
0.015 +0.001 +6.2%
— —
—
—
—
Bogandinski Refineryy 3.3-fold rise
GASOLINE REGULAR 922015
Number of trades
Volume traded (000' mt) 4590.560 +123.030 +2.8%
32883 +7131 +27.7%
6
2015
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
MARKET ANALYSIS (BY SELLER)
44000
41500
39000
36500
34000
31500
29000
RUB/mt
32916
32927
95.9%
2.1%
0%
2.0%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
3.9%
0.9%
0.0%
0% 20% 40% 60% 80% 100%
95.0%
0.2%
VLADIMIR-BASED INDEXON GASOLINE REGULAR 92
Dec 2014average
Change
Index (RUB/mt) 32916 32927 -11 -0.0%
Dec 2015average
RUB/mt %
Gasoline Regular 92
Rosneft 29.6% 1.357
Gazprom 22.4% 1.027
Gazprom Neft 13.9% 0.639
13.3% 0.611
10.4% 0.475
+0.269 +24.7%
+0.013 +2.1%
-0.054 -10.2%
6.2% 0.285
0.3% 0.013
0.0%
0.0% 0.000
0.000
-0.276 -49.2%
Bashneft
ForteInvest
TAIF-NK
IPC
LUKOIL
+0.170 +19.8%
+0.111 +22.2%
-0.009 -97.9%
3.9% 0.184 -0.084 -31.5%
100.0% 4.591 +0.123 +2.8%
Other
TOTAL
TATNEFT
Surgutneftegas
1.089
0.858
0.625
0.500
0.529
0.561
0.014
0.009
0.016
0.267
4.468
—
—
-0.001 -7.2%
— —
———
TRADES (BY SIZE)MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
508.8600
500
400
300
200
100
0
000' mt
469.4482.6
358.3362.4316.4
351.1321.8336.9350.8
388.6343.3
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
3 8204200
3500
2800
2100
1400
700
0
3 4303 466
2 7192 5292 3532 4232 331
2 6362 4942 5472 135
133
210
175
140
105
70
35
0
mt
137139132143
134145138
128141
153161
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
GASOLINE PREMIUM 95 2015
2015
Number of trades
Volume traded (000' mt) 1925.995 +280.095 +17.0%
16221 +3255 +25.1%
WWW.SPIMEX.COM 7
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
MARKET ANALYSIS (BY SELLER)
94.7%
4.3%
0%
1.0%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
4.1%
0.2%
0.0%
0% 20% 40% 60% 80% 100%
95.7%
0.0%
VLADIMIR-BASED INDEXON GASOLINE PREMIUM 95
Dec 2014average
Change
Index (RUB/mt) 34451 33819 +632 +1.9%
Dec 2015average
RUB/mt %
RUB/mt Gasoline Premium 95
34451
33819
46000
43500
41000
38500
36000
33500
31000
Rosneft 31.4% 0.604
Gazprom
19.3% 0.372Gazprom Neft
18.0% 0.347
Surgutneftegas
16.1% 0.311
7.1% 0.137
+0.105 +21.1%
+0.149 +74.8%
-0.011 -7.6%
2.6% 0.050
0.1% 0.002
5.4% 0.103
-0.027 -35.2%
100.0% 1.926 +0.280 +17.0%
Bashneft
ForteInvest
TAIF-NK
Other
LUKOIL
TOTAL
+0.041 +12.4%
+0.006 +2.0%
+0.015 +17.8%
—
0.499
0.330
0.199
0.305
0.148
0.078
0.087
1.646
0.000
—
0.0% 0.000 0.000 0.0%
—
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
233.8270
225
180
135
90
45
0
000' mt
181.9188.7165.3168.7
148.6161.2
137.3144.2149.4137.3
109.5
2 1052400
2000
1600
1200
800
400
0
154915381 426
1 2491 2811 2971 2061 323
1 2061 174
867
111
180
150
120
90
60
30
0
mt
117123116
135116
124114109
124117
126
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015 JET FUEL
Number of trades
Volume traded (000' mt) 1902.840 -553.665 -22.5%
8771 +1167 +15.3%
8
2015
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
MARKET ANALYSIS (BY SELLER)
2015 vs. 2014
13.4%
1.8%
0.0%
0% 20% 40% 60% 80% 100%
84.1%
0.7%
83.8%
16.0%
0%
0.2%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
VLADIMIR-BASED INDEX ON JET FUEL
Dec 2014average
Change
Index (RUB/mt) 32007 30628 +1379 +4.5%
Dec 2015average
RUB/mt %
38000
36000
34000
32000
30000
28000
26000
RUB/mt
32007
30628
Jet Fuel
Rosneft 25.4% 0.483
20.4% 0.388
18.9% 0.359
Surgutneftegas
15.0% 0.285
2.5% 0.048
-0.188 -28.0%
-0.011 -3.0%
+0.029
1.1% 0.021
0.5% 0.009
16.0% 0.307
+0.014
100.0% 1.903 -0.554 -22.5%
Bashneft
ForteInvest
TAIF-NK
Other
LUKOIL
TOTAL
-0.187 -32.5%
-0.090 -24.0%
-0.129 -29.6%
+0.006
— —
Gazprom Neft
Gazprom
0.670
0.575
0.370
0.375
0.019
0.007
0.003
0.438
2.457
—0.2% 0.003
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2.5-fold rise2.9-
fold rise2.9-
fold rise
133.3
270
225
180
135
90
45
0
000' mt
150.7133.1
176.7175.3196.5
141.8154.5
224.4
104.2
151.8160.5
750
1050
875
700
525
350
175
0
917
770672632668659630
850
703
919
601
178
360
300
240
180
120
60
0
mt
164173
263277294
215245
264
148165
267
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
DIESEL 2015
Number of trades
Volume traded (000' mt) 5087.040 -774.150 -13.2%
32927 +3289 +11.1%
39000
37000
35000
33000
31000
29000
27000
94.8%
4.8%
0%
0.4%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
5.6%
0.7%
0.0%
0% 20% 40% 60% 80% 100%
93.2%
0.5%
RUB/mt Autumn/Spring Diesel Winter DieselSummer Diesel
34061
36340
31862
31143
30934
29235
WWW.SPIMEX.COM 9
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
VLADIMIR-BASED INDICES ON SUMMER DIESEL,AUTUMN/SPRING DIESEL AND WINTER DIESEL
Dec 2015 average
Autumn/Spring Diesel/
Summer Diesel
+2627+209RUB/mt
Dec 2014 average
% +0.7% +9.0%
Winter Diesel/
Summer Diesel
+7105+3127RUB/mt
% +10.1% +24.3%
Rosneft 35.4% 1.802
13.2% 0.672
Gazprom Neft
12.9% 0.657
12.7% 0.648
11.4% 0.580
1.864 -0.062 -3.3%
0.893 -0.237 -26.5%
0.612 -0.032 -5.2%
7.2% 0.366
1.4% 0.072
0.5% 0.024
0.437 -0.071 -16.2%Bashneft
TAIF-NK
LUKOIL
0.854 -0.182 -21.3%
0.772 -0.124 -16.1%
0,004
0.035 -0.011 -31.4%
Surgutneftegas
IPC
100.0% 5.087 5.861 -0.774 -13.2%TOTAL
5.3% 0.266
TATNEFT
0.106 -0.033 -31.7%
Other
Gazprom
0.284 -0.018 -6.4%
— ———
Company
MARKET ANALYSIS (BY SELLER)
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
573.3660
550
440
330
220
110
0
000' mt
489.9473.1418.2412.5432.8437.0
342.5
474.8
375.3330.8327.0
3 8894500
3750
3000
2250
1500
750
0
2 9543 196
2 4172 7672 723
2 4942 216
3 157
2 4942 4032 217
147
210
175
140
105
70
35
0
mt
166148
173
149159
175155150150
138147
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015 SUMMER DIESEL
Number of trades
Volume traded (000' mt) 2814.130 -666.915 -19.2%
18305 +1329 +7.8%
10
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
5.4%
0.5%
0.0%
0% 20% 40% 60% 80% 100%
93.7%
0.4%
95.0%
4.7%
0%
0.3%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
37000
35500
34000
32500
31000
29500
28000
RUB/mt
3093429235
Summer Diesel
Rosneft 37.3% 1.051
14.5% 0.408
13.9% 0.390
Surgutneftegas
10.9% 0.307
9.2% 0.259
-0.022 -2.0%
-0.175 -31.0%
-0.191 -42.4%
7.4% 0.209
0.9% 0.026
-0.107 -33.7%Bashneft
TAIF-NK
LUKOIL
-0.046 -10.2%
-0.118 -27.7%
-0.016 -38.7%
Gazprom Neft
Gazprom
IPC
100.0% 2.814 -0.667 -19.2%TOTAL
5.0% 0.140 +0.022 +18.9%Other
TATNEFT 0.9% 0.024
— —
1.073
0.454
0.565
0.425
0.450
0.316
0.042
3.481
0.117
0.035
0.004
-0.011 -31.4%
VLADIMIR-BASED INDICES ON SUMMER DIESEL
Dec 2014average
Change
Index (RUB/mt) 30934 29235 +1699 +5.8%
Dec 2015average
RUB/mt %
——
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
43.9
480
400
320
240
160
80
0
000' mt
62.5
156.8
291.9
366.2391.6386.2
323.9
427.3
235.4
68.759.6
258
3600
3000
2400
1800
1200
600
0
428
699
1 703
2 5782 6332 373
2 176
3 003
1 620
465369
170
270
225
180
135
90
45
0
mt
146
224
171
142149163
149142145148162
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015AUTUMN/SPRING DIESEL
Number of trades
Volume traded (000' mt) 572.190 -89.430 -13.5%
5303 +433 +8.9%
WWW.SPIMEX.COM 11
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
96.0%
2.8%
0%
1.2%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
1.7%
0.0%
0.0%
0% 20% 40% 60% 80% 100%
98.3%
0.0%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
VLADIMIR-BASED INDICESON AUTUMN/SPRING DIESEL
Dec 2014average
Change
Index (RUB/mt) 31143 31862 -719 -2.3%
Dec 2015average
RUB/mt %
38000
36500
35000
33500
32000
30500
29000
RUB/mt
31143
31862
Autumn/Spring Diesel
Rosneft 68.2% 0.390
15.0% 0.086
8.4% 0.048
Surgutneftegas
3.5% 0.020
0.9% 0.005
-0.050 -11.3%
-0.013 -21.2%
+0.001 +20.8%TAIF-NK
LUKOIL
+0.012 +16.1%
-0.013 -38.6%
Gazprom Neft
Gazprom
100.0% 0.572 -0.089 -13.5%TOTAL
4.0% 0.023 -0.019 -45.3%Other
0.440
0.074
0.061
0.033
0.004
0.008
0.662
0.042
— — ——
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
123.6150
125
100
75
50
25
0
000' mt
118.7120.8
39.0
2.53.42.50.00.5
46.036.3
78.9
1 071
1500
1250
1000
750
500
250
0
1 1321 256
416
36463506
386334
585
115
180
150
120
90
60
30
0
mt
1059694
707472
0
90
119109
135
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015 WINTER DIESEL
Number of trades
Volume traded (000' mt) 1310.740 -130.985 -9.1%
7762 +866 +12.6%
12
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
93.1%
6.5%
0%
0.4%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
7.3%
1.5%
0% 20% 40% 60% 80% 100%
90.4%
0.8%
0.0%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
VLADIMIR-BASED INDICES ON WINTER DIESEL
Dec 2014average
Change
Index (RUB/mt) 34061 36340 -2279 -6.3%
Dec 2015average
RUB/mt %
40000
38500
37000
35500
34000
32500
31000
RUB/mt
34061
36340
Winter Diesel
27.5% 0.361
23.1% 0.303
16.7% 0.219
Surgutneftegas
11.7% 0.153
6.4% 0.084
+0.010 +2.8%
-0.043 -16.4%
+0.001 +1.3%
4.5% 0.059 -0.067 -53.4%
LUKOIL
-0.034 -10.0%
+0.033 +27.0%
Gazprom Neft
Gazprom
100.0% 1.311 -0.131 -9.1%TOTAL
3.2% 0.041 -0.018 -30.6%
IPC
6.9% 0.091 -0.012 -11.8%Other
Rosneft
Bashneft
TAIF-NK
0.351
0.337
0.262
0.121
0.083
0.126
1.442
0.060
0.000
0.102
————
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
356.4420
350
280
210
140
70
0
000' mt
273.5
143.1
50.014.914.514.00.010.1
66.3
191.1176.9
2 3912700
2250
1800
1350
900
450
0
1 213990
143572016054339
1 3681 171
149
1050
875
700
525
350
175
0
mt
225145
350261
723
874
0
188196140151
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015FUEL OIL
Number of trades
Volume traded (000' mt) 1797.270 -728.075 -28.8%
6323 -837 -11.7%
WWW.SPIMEX.COM 13
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
98.6%
1.4%
0%
0.0%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
32.5%
0.6%
0% 15% 30% 45% 60% 75%
66.9%
0,0%
0,0%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
12000
10800
9600
8400
7200
6000
4800
RUB/mt
5716
8024
Fuel Oil
48.5% 0.872
28.4% 0.511
10.2% 0.183
Surgutneftegas 5.5% 0.099
3.2% 0.058
1.201 -0.329 -27.4%
0.207 -0.024 -11.7%
0.001 +0.058 116.6-fold rise
2.2% 0.040 0.044 -0.005 -10.1%
LUKOIL
0.589 -0.078 -13.3%
0.450 -0.350 -77.9%
Gazprom Neft
Gazprom
100.0% 1.797 2.525 -0.728 -28.8%TOTAL
— —
1.5% 0.024 0.033 -0.009 -26.9%Other
Rosneft
Bashneft
IPC 0.5% 0.010 —
VLADIMIR-BASED INDICES ON FUEL OIL
Dec 2014average
Change
Index (RUB/mt) 5716 8024 -2308 -28.8%
Dec 2015average
RUB/mt %
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Dec2014
2015 vs. 2014
191.6
240
200
160
120
80
40
0
000' mt
174.9157.8
132.3150.6141.2140.3136.2
177.9
128.0138.7
127.8
628720
600
480
360
240
120
0
589557
420
500544
513522
612
443
555
440
305360
300
240
180
120
60
0
mt
297283
315301
260273261291289
250
290
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
LIQUIFIED PETROLEUM GAS (LPG)2015
Number of trades
Volume traded (000' mt) 238.051 +207.360
494 +424
14
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
2015 vs. 2014
7.8-fold rise
7.1-fold rise
9.2%
0%
0.0%
Russian Producers
Secondary Market
Belorussia Producersn
20% 40% 60% 80% 100%
6.9%
12.6%
0.0%
0% 20% 40% 60% 80% 100%
72.2%
8.3%
90.8%
TRADES (BY SIZE) MARKET ANALYSIS (BY SEGMENT)
up to 300 mt
300 – 1,000 mt
1,000 – 2,000 mt
2,000 – 6,000 mt
over 6,000 mt
ON-EXCHANGE LPG SALES (BY PRODUCT)
LPG (utilities)
LPG (cars)
WLHF & other LHCs
9.8%
0.4%
83.9%
LPG (chemical industry)
5.9%
45.0% 0.107
Monomer 31.8% 0.076
RTK-Oil 4.7% 0.011
3.4% 0.008
3.3% 0.008
0.017 +0.090
2.4% 0.006
2.1% 0.005
1.4% 0.003
1.3% 0.003
MNGK
Surgutneftegas
Rosneft
Promregionrazvitiye (PRR)
Gazprom Neft
Saneco (IPC)
ForteInvest
0.8% 0.002 0.004 -0.002 -48.4%Bashneft
100.0% 0.238 0.031 +0.207TOTAL
1.1% 0.003
—
— —
Impexneftkhim
0.1% 0.000LUKOIL
1.7% 0.004 0.009Other
0.9% 0.002
—
—
—
—
—
—
—
0.001
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+0.002
— —
-0.005 -58.7%
TATNEFT-AZS Tsentr
6.4-fold rise
2.4-fold rise
7.8-fold rise
49.960
50
40
30
20
10
0
000' mt
35.128.8
33.4
18.3
11.8
18.713.0
23.0
5.50.50
87
120
100
80
60
40
20
0
58
89
64
4250
44
818
28
60
574
2100
1750
1400
1050
700
350
0
mt
604
324523
437236
424
1 625
1 279
197770
NUMBER OF TRADES
AVERAGE TRADE SIZE (metric tonnes)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
VOLUME TRADED
2015NATURAL GAS MARKET
over 5,001thousand cm
1,001 – 5,000 thousand cm
501 – 1,000thousand cm
up to 100thousand cm
23.5%
28.7%
13.8%
20.9%
13.1%
0% 10% 20% 30% 40% 50%
Gazprom
Independentproducers
59.0%
41.0%
0% 20% 40% 60% 80% 100%
VOLUME TRADED (BY BALANCING POINT), bcm
Nadym
South-Balykskaya
5.955
0.829
0.866Vyngapurovskaya
Number of trades
Volume traded (bcm) 7.650 +7.116
1181 +1120
Turnover (RUB, bn) 21.042 19.6071.015
1.8
1.5
1.2
0.9
0.6
0.3
0.0
bcm
330
275
220
165
110
55
0
3 463
12 000
10 000
8 000
6 000
4 000
2 000
0
000' cm
0.363
1.635
1.300
0.9510.846
0.528
0.355
0.2400.1310.1520.135
91
164
32283247
136
8766
124
81
3 993
9 9679 555
7 670
9 722
6 523
5 3825 102
4 081
5 429
4 206
293
0.0 1.5 3.0 4.5 6.0 7.5
101 - 500thousand cm
WWW.SPIMEX.COM 15
2015
Share
in 2015,
%
Volume Traded,
bcmChange
%bcm20142015
Company
MARKET ANALYSIS (BY SELLER)
NUMBER OF TRADES
AVERAGE TRADE SIZE
TRADES (BY SIZE) MARKET ANALYSIS (BY PRODUCER)
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
2015 vs. 2014
14.3-fold rise
19.4-fold rise
14.7-fold rise
Gazprom 59.0% 4.513
Rosneft 30.7% 2.352
NOVATEK 9.5% 0.727
Gas-Oil Trading 0.7% 0.050
0.1% 0.006
0.429 +4.084
0.0% 0.002
ЕТК
0.105 +2.247
100.0% 7.650 0.534 +7.116TOTAL
Severneft-Urengoy
10.5-fold rise22.4-fold rise
14.3-fold rise
VOLUME TRADED
2015 CRUDE OIL MARKET
25.0
102
85
68
51
34
17
0
000' mt
12
10
8
6
4
2
0
21.0
70.5
47.0
62.065.5
59.063.5
55.5
85.5
25.5
70.0
1
3
7
2
5 5
2
3
7
3
2
TRADES (BY SIZE)
up to5,000 mt
5,000 -10,000 mt
26.8%
17.1%
7.3%
19.5%
29.3%
0% 10% 20% 30% 40% 50%
10,000 -15,000 mt
15,000 -20,000 mt
over20,000 mt
Number of trades
Volume traded (000' mt) 650.000 -77.500 14.3-fold rise
41 -23 19.4-fold rise
Turnover (RUB, bn) 9.178 -0.672 14.7-fold rise
1
VOLUME TRADED (BY SHIPMENT POINT), 000' mt
438.0
212.0
0 100 200 300 400 500
Usa crudemeteringstation
Varandeioil terminal
MARKET ANALYSIS (BY SELLER)
Company
Share
in 2015,
%
Volume Traded,
mt, mlnChange
%mt, mln20142015
Zarubezhneft 100.0% 1.401
100.0% 1.401TOTAL
370.0420
350
280
210
140
70
0
000' mt
20.4
310.6300.0300.0
100.0
VOLUME TRADED
TORG-i TRADES IN 2015
16
2015
Share
in 2015,
%
Volume Traded,
mt, mlnChange
mt, mln20142015
Company
MARKET ANALYSIS (BY SELLER)
NUMBER OF TRADES
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
2015 vs. 2014
Zarubеzhneft 61.4% 0.399
Bashneft-Polyus 32.6% 0.212
4.9% 0.032
Northern RadianceTrading House 1.1% 0.007
0.453 -0.054
Transneft
0.084 +0.128
100.0% 0.650 0.728 -0.078 -10.7%TOTAL
Bashneft
0.064 -0.032 -50.0%
0.080
0.047
Polar Lights Company
2.5-fold rise
10.5-fold rise
VOLUME TRADED
%
2015TIMBER & CONSTRUCTION MATERIALS MARKET
9 000
7 500
6 000
4 500
3 000
1 500
0
3m
36
30
24
18
12
6
0
600
500
400
300
200
100
0
3m
MARKET ANALYSIS (BY PRODUCT)
up to3300 m
300 -500 m3
85.5%
7.2%
2.1%
3.1%
2.1%
0% 20% 40% 60% 80% 100%
800
3 1502 6002 425
4 375
68
5
119
133
394
520
269266
500 -1,000 m3
1000 -2000 m3
over2,000 m3
TRADES (BY SIZE)
3VOLUME TRADED (BY SHIPMENT POINTS), m
0 2 500 5 000 7 500 10 000 12 500
Timber depots of Cheremkhovskiylogging company
Timber depots of Baerskiylogging company
Timber depots of Balaganskiylogging company
Timber depots of Osinskiylogging company
9 175
4 400
3 400
2 900
2 700
1 500
650
350
100
Number of trades
3Volume traded (m , mln) 25 175 -12 050 -32.4%
Turnover (RUB, bn)
97 +63
0.053 -0.014 -20.3%
7 700
1 7251 325 1 075
29
108
11
173166
398
98
Timber depots of Kostinskiylogging company
Timber depots of Nizhe-Udinskiylogging company
Timber depots of Balaganskiylogging company (upper depot)
Timber depots of Kazachinsko-Lenskiylogging company
Timber depots of Nizhe-Udinskiylogging company (upper depot)
Pine sawlog87.8%
7.2% Larch sawlog
Fir sawlog
Aspen sawlog
Birch sawlog
2.0%
2.0%
1.0%
WWW.SPIMEX.COM 17
2015
Share
in 2015,
%
Volume Traded, 3m
Change
%3m20142015
Baerskiy loggingcompany 59.0% 14 875
Balaganskiy loggingcompany 19.5% 4 900
Cheremkhovskiylogging company 17.5% 4 400
2.6% 650
4 200 +10 675
Kazachinsko-Lenskiylogging company
5 000 -100 -2.0%
100.0% 25 175 37 225 -12 050 -32.4%TOTAL
Osinskiy loggingcompany
11 475 -7 075 -61.7%
100
ALKhO loggingcompany
Bratskiy loggingcompany 16 450
1.4% 350
Company
MARKET ANALYSIS (BY SELLER)
NUMBER OF TRADES
AVERAGE TRADE SIZE
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
2015 vs. 2014
2.9-fold rise
3.5-fold rise
VOLUME TRADED
2015 DERIVATIVES MARKET
33 00027 500
22 000
16 500
11 000
5 500
0
contracts
CONTRACTS TRADED
660550
440
330
220
110
0
Number of trades
Contracts traded 177 499 -43 762 -19.8%
Turnover (RUB, bn)
4 381 -40 196 -90.2%
6.333 +2.624 +70.7%
Company
RANKING OF TRADING PARTICIPANTS (TOP-5)
1
2
3
4
5
Otkritie Broker
Intrust Financial Company
Zerich Capital Management
Solid - Commodities Markets
Avtotsentr GAZ-Tula
MARKET ANALYSIS
100%
80%
60%
40%
20%
0%
Proprietary trading Brokerage trading
Futures contracts for Vladimir-basedIndex on Summer Diesel
Futures contracts for Vladimir-basedIndex on Winter Diesel
Futures contracts for Vladimir-basedIndex on Gasoline Regular 92
33.4%
7.9%
58.7%
18
CHANGES IN FUTURES CONTRACTS SETTLEMENT PRICE AND IN THE VLADIMIR-BASED INDEX
Feb 15 Mar 15 Apr 15 Jun 15 Jul 15 Aug 15May 15Sep 15 Oct 15 Nov 15 Jan 16 Feb 16 Vladimir-based IndexDec 15
46000
43000
37000
34000
31000
28000Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015
40000
Jul 15Mar 15Aug 15
May 15Oct 15
Jun 15Nov 15 Vladimir-based Index
Apr 15Sep 15
39000
37000
33000
31000
29000
27000
35000
GASOLINE REGULAR 92
SUMMER DIESEL
466
552
268
369
287281322
580
336330 317273
17 649
14 511
9 587
13 990
9 382
12 551
15 595
28 780
16 47516 430
11 89410 655
2015
NUMBER OF TRADES
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan2015
Feb2015
Mar2015
Apr2015
May2015
Jun2015
Jul2015
Aug2015
Sep2015
Oct2015
Nov2015
Dec2015
Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015
2015 vs. 2014
2015REGISTRATION OF OTC TRANSACTIONS
2015 2015 2014 vs.
Number of trades
Volume traded, 000'mt 130 744.978 -47 184.330 -26.5%
1917 +868 +82.7%
210
175
140
105
70
35
0
CRUDE OIL
2011 2012 2013 2014
mt, mln2400
2000
1600
1200
800
400
0 2011 2012 2013 2014
30
25
20
15
10
5
0 2011 2012 2013 201420152015 2015
0.0 0.0
39.0
177.9
561
0 2
1 049
1 917
02
11
26
21130.7
2015
Number of trades
Volume traded, 000'mt 163 519.281 -6 257.068 -3.7%
147403 -1992 -1.3%
REFINED PRODUCTS
210
175
140
105
70
35
0
VOLUME TRADED
2011 2012 2013 2014
mt, mln
NUMBER OF TRADES NUMBER OF TRADING PARTICIPANTS
180000
150000
120000
90000
60000
30000
0 2011 2012 2013 2014
30
25
20
15
10
5
0 2011 2012 2013 201420152015 2015
89.0
44.7
20.9
169.8 163.5125 246
145 254 149 395 147 403
13
20 19
24
20 762
9
2015 2015 vs. 2014
Number of trades
Volume traded, 000'mt 356 994.378 +54 465.952 +18.0%
16435 -1562 -8.7%
COAL
420
350
280
210
140
70
0
VOLUME TRADED
2011 2012 2013 2014
mt, mln
NUMBER OF TRADES
24000
20000
16000
12000
8000
4000
0 2011 2012 2013 2014
90
75
60
45
30
15
0 2011 2012 2013 201420152015 2015
302.5
0.8
213.8231.8
357.0
801 731
20 575
17 99716 435
32
7569
65
5
WWW.SPIMEX.COM 19
VOLUME TRADED NUMBER OF TRADES
NUMBER OF TRADING PARTICIPANTS
NUMBER OF TRADING PARTICIPANTS
2015 vs. 2014
96 % of all domestic
exchange-tradedrefined products
REFINEDPRODUCTS
CRUDE OIL
650,000tonnes
of crude oil traded in 2015
TIMBER ANDCONSTRUCTION
MATERIALS
119 mn
turnover in 2014-2015
AGRICULTURECOMMODITIES
NATURAL GAS
7.65bcm
оf natural gastraded in 2015
FUTURESCONTRACTS
50+tradingparticipants
COAL
PETROCHEMICALS
SPIMEX MARKETS OUR MISSION
20
2008YEAR OFFOUNDATION
900+CONTRACT
SPECIFICATIONS
1,900MARKETPARTICIPANTS
73+MILLION TONNES
traded of refined products
8
SDCOHOUSE
CLEARING
+
SETTLEMENTBANKS
St. Petersburg International Mercantile Exchange(license # 077-004). Charter capital: RUB 435 mn.
SPIMEX founding shareholders: Transneft, Transnefteproduct, Rosneft, Gazprom Neft, Surgutneftegas, Sovcomflot, Russian Railways and others.
8 authorized settlement banks: Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rossiya Bank, RRDB, Russian Agricultural Bank and National Settlement Depository.
Clearing house: settlement and depository company (SDCO).
Advanced and liquid refined products market: over 15 million tonnes traded annually. Number of market participants: 1,700+
Price indices calculation: based on exchange and OTC transactions in commodities.
Futures market for exchange-traded refined products and crude oil.
Registration of OTC transactions in crude oil, natural gas, refined products, LPG, coal and grain.
Broad options for making tradesin various assets both in commoditiesand derivatives markets of SPIMEX
Over RUB
RUSSIA'S LARGEST COMMODITIES EXCHANGE
The Exchange's mission is to operatea regulated commodities market and offer a transparent price formation process to ensure fair prices for the main energy commodities produced in Russia and other CIS countries.
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