Abstract
In modern Russia, the role of organized trading, which includes exchange trading, is gradually increasing. As our research has shown, exchange trading in sugar in Russia is developing, as evidenced by the increase in exchange turnover of sales of this product and the expansion of exchange instruments used for trading. In addition, exchange trading can provide up-to-date information on domestic average market prices for commodities. A strong connection was established between average domestic Russian prices for sugar and price quotations for this product on the world’s largest commodity exchanges and on commodity exchanges within Russia. In the course of studying the cause-and-effect relationship between average domestic and average exchange prices for sugar in Russia, it was found that domestic prices are the reason for the establishment of certain exchange prices for sugar and the domestic and exchange Russian prices are very close in size. This allowed us to conclude that it is possible to use exchange trade prices for sugar as an operational information source on the size of domestic prices, which can be used for state regulation of the market and for making business decisions directly by business entities.
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