Monday, October 3, 2011

Parliament made it possible to speculate on the sugar

Cancel the licensing of wholesale trading in sugar, will not bring to the market is nothing but the possible occurrences of non-core players, one-off entering the market for speculation. This opinion was expressed in the comments UBR.UA analyst with the consulting company "AAA" Maria Kolesnik. "This bill had virtually no impact on the market. In fact it was one of the additional obstacles, but to date the law specifically does not work. In this case, we can not say that it is somehow harden or facilitate work on the market. But it would allow elsewhere that its companies, which had no relation to the market when there is a favorable situation, to go out and work on it. If you are in oil trading, and now you have decided that now profitable buy-sell "- says M. Kolesnik. Because it is not about the production, said the expert, and talk about trade, and there is no need to mystify the purchase of licenses. Thus, there may speculate anyone who is not in the subject and not in the market. Recall Parliament supported the second reading, and generally the bill on amending article 3 of the Law "On state regulation of production and sale of sugar" on the licensing of wholesale trading in sugar. " For the relevant government bill voted 226 deputies. Document except for a few parts of Article 3 of the law on licensing of wholesale trading in sugar in order to reduce economic activities subject to licensing. In particular, the repealed rule, it was assumed that within the quotas "A" at the request of companies engaged in wholesale trade in sugar, authorized by the Cabinet of Ministers of Ukraine authority should be granted special permission to implement sugar on the market of Ukraine in view of the quarterly and monthly volumes. Wholesale trade of sugar in the domestic market should be carried out by business entities when they have special permission. Moreover, the number of licenses for the wholesale trade in sugar is not restricted.

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