Organized (Exchange) Trading and Price Indicators as Instruments of Effective Commodity Markets, Public Policy and International Cooperation

Approaches to the assessment of objective price indicators are described. It is said that price antimonopoly control has various forms, but it cannot turn into price regulation. Antimonopoly price control is based on the comparison of price characteristics and conditions of comparable markets. Indicators of organized (exchange) trading can become one of the most representative indicators of the level of market prices. It is important not to limit yourself to stock quotes, but also to use over-the-counter price indicators and price indicators of comparable foreign markets. It is shown that the whole set in the "price triangle" should be applied based on the condition of their methodological comparability. It is noted that the relevant price indicators at the national level, within the framework of the EAEU and the CIS, within the framework of BRICS+ make it possible to qualitatively improve the terms of trade on national and international markets.