Changing the rules of the game in the petrochemical market of Bursa

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With the increase in the margin of petrochemical transactions, the head of the competition council announced: The proposal to revive the working group for the regulation of the petrochemical products market under the supervision of the competition council was met with the good fortune of those present at the meeting on Monday, and it is likely that the members of the competition council will agree to this proposal.

Changing the rules of the game in the petrochemical market of Bursa
According to Inpia’s report, citing Hamshahri, it seems that the discussion on petrochemical transactions is not over, the story about how to conduct petrochemical transactions has started during the new Ministry of Industry and Mining. This ministry argued that petrochemical transactions in the commodity exchange generate rent, while the Ministry of Industry itself was the main price setter of these products in the commodity exchange, and the determination of prices at the beginning of the week had led to the development of the black market outside the exchange.