OREANDA-NEWS The Federal Antimonopoly Service (FAS) announced a decrease in prices for valves by 15.7 percent, observed in December compared with data for October. This is reported by TASS.
Earlier, the Federal Antimonopoly Service sent letters to the largest manufacturers about the inadmissibility of unjustified price increases, against the background of which exchange trading of these products began to develop, which contributed to its sharp reduction in price. In particular, on October 30, Promsort, against which a case was filed for violation of antimonopoly legislation regarding an unjustified price increase of 20-25 percent, began selling fittings on the stock exchange.
The ministry also reported on the preparation of a joint order with the Ministry of Industry and Trade and the Ministry of Construction, which will fix the minimum of fittings sold on the stock exchange.
Viktor Yevtukhov, Deputy head of the Ministry of Industry and Trade, announced the "biased price increase" for fittings at Russian factories at the end of September. He noted that shipments of building materials for the coming month rose in price by 14.5 percent, from 48 to 55 thousand rubles per ton of rebar, excluding VAT, and asked the FAS to respond to the situation.
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