The National Commodity Exchange (NCE) continued its active development of the agricultural products market in 2024, expanding the range of commodity indicators and increasing trading liquidity. The trading volume increased by 51% reaching 3 million tons, equivalent to 72 billion rubles (758 million dollars), showing a growth of 44%.
The highest volume of operations was recorded in exchange auctions – 1.8 million tons (+21%). Spot market sugar trading increased by 10% reaching 287 thousand tons. Significant growth was demonstrated in commodity interventions – more than tripled to 936 thousand tons.
An important innovation was the introduction of a sugar exchange index in three federal districts – Volga, Central, and Southern. In addition, price indices for industrial margarine, half-carcasses of pork, sunflower, and rapeseed started to be calculated in a test mode.