In the commodity sector of the Kyrgyz Stock Exchange (https://ts.kse.kg/) there were futures deals in sugar and beet molasses (molasses).
There were three deals between domestic companies for a Total: amount of 101.5 million soms to buy and sell 10.0 thousand tons of molasses.
Another futures deal was concluded on the purchase and sale of 10.0 thousand tons of sugar for a Total: amount of 650.0 million soms.
We remind you that participants of trades in the commodity sector of the KSE, can be both legal entities and individuals engaged in entrepreneurial activities, who have passed the procedure of admission to the exchange trading.
It should be noted that:
- KSE provides an opportunity for manufacturers (sellers) to sell their goods directly without intermediaries which directly affects the value;
- the goods exhibited on the KSE platform are confirmed by all necessary documents of the producer by their qualitative and quantitative composition.
Conducting transactions through the commodity exchange is a successful global practice which brings financial and economic benefits and efficiency to the business sector and gives transparency to the planning and regulation of these sectors of the economy by the state. KSE adopts experience of other countries in this area and assists producers and buyers in buying and selling products on favorable conditions for both parties.
For reference:
Beet molasses is a by-product of beet sugar production used as a raw material for the production of baking and fodder yeast, food acids, ethyl alcohol, in biotechnology, in the chemical, pharmaceutical and feed industries, as an additive in the feed of farm animals and for technical purposes.