📋 Tender Overview
Measures to support the Russian coal industry will not make deliveries profitable The unprofitability of deliveries today reaches 45 thousand rubles per ton depending on the direction and type.
As follows from the NEFT Research presentation Analysis of the Economics of Russian Coal Exports available from the cancellation of the export duty will improve the economy by 340650 rubles the return of the reduction factors and an additional discount to the tariff of JSC Russian Railways by another 240720 rubles The greatest effect can be achieved by reducing the rental rates of gondola cars or a subsidy from the budget from 434 rubles to 37 thousand rubles per ton.
According to analysts the priority areas of support are the south and northwest due to the workload of the Eastern Polygon and the captivity of a significant part of the Far Eastern ports.
The main reason for the fall in the profitability of deliveries is the decline in world prices Against this background the fiscal burden has increased as well as the burden from Russian Railways and logistics companies Analysts believe that only direct economic measures rather than targeted initiatives on quotas or redistribution of flows can provide a significant effect However even after this the profitability of coal companies will remain in the red zone and if there is no growth in prices it would be advisable to consider direct subsidy measures experts note.
