/KASE, April 2, 2025/ – "Caspy" Commodity Exchange JSC (KASE ticker –
EXCS) reported the following:
quote
On April 1, the first organized trading in Shubarkol coal, a fuel that is widely
used by the population of Kazakhstan to heat homes in the autumn and winter,
began at the Caspian Commodity Exchange.
Shubarkol Komir JSC, one of the largest coal mining companies in Kazakhstan,
has for the first time put coal volumes up for auction through "Caspy" Commodity
Exchange. This is an important step towards expanding sales platforms and
strengthening the principles of transparency in the market for socially
significant fuel.
Trading with delivery in April will be held in three regions – Astana, Shymkent
and Qaraghandy region. The base price for the first day of trading is 7,935.20
tenge. Trading with delivery in May will begin on April 7.
Thus, coal operators who previously did not have access to organized trading
will be able to work through "Caspy" Commodity Exchange.
unquote
Full version of the press release –
https://kase.kz/files/emitters/EXCS/excs_relizs_010425_7.pdf
[2025-04-02]