...

Dynamics of changes in some economic segments (11.01- 16.01.2010)

Analysis Materials 19 January 2010 12:20 (UTC +04:00)

Jan. 11-15, the average price on Azeri Light CIF Augusta exported from Azerbaijan via the Ceyhan and Batumi ports was $80.45 per barrel, or $1.71 less than the previous price.

The maximum price was $82.17 per barrel. The minimum price was $79.17.

Azeri Light's density is 34.6 degrees API with a 0.14-percent sulfur content.

The average price on Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $75.55 per barrel, or $1.76 less than the previous price.

The maximum price was $77.67 per barrel and the minimum - $73.84.

Urals' density is 32 degrees API with a sulfur content up to 1.3 percent. The oil grade's specifications vary when sold depending on its high/low-quality content.

The average price on Brent Dated was $78.27 per barrel, or $1.52 less than the previous price.   

The maximum price was $80 per barrel and the minimum - $76.89.

Brent Dated's density is 38.3 degrees API with a sulfur content of 0.36 percent.  

Currency market

Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, dropped 0.0001 points or 0.01 percent. The average rate was established at 0.8029 manat to 1 U.S. dollar

Last week the maximum rate of the US dollar compared to manat was established on Jan.15 (0. 8030 manat to 1 U.S. dollar) and minimum on Jan.14 (0.8028 manats to 1 U.S. dollar).

As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), consolidated by 0.0002 points (0.02 percent). The average rate was fixed at 0.8033 to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Jan.11, $0.323 million with the average sustained rate of 0. 8034 manats to 1 U.S. dollar, Jan.12, $22.07 million with the average sustained rate of 0.8033 manats to 1 U.S. dollar, Jan.13 deals were not concluded and therefore the rate remained on the previous level - 0.8033 manat to 1 U.S. dollar, Jan.14, $0.08 million with the average sustained rate of 0.8033 manat to 1 U.S. dollar, and Jan 15, $5.51 million with the average sustained rate of 0.8032 manat to 1 U.S. dollar.

No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN (Ň+1, Ň+2).

Privatizations shares market

Last week the price of the privatization vouchers stood at the same level, purchase was 8 manat, and sale - 9 manat.

Under the President Ilham Aliyev's decree on additional measures for ensuring the use of the state privatization vouchers, the validity period of the vouchers was prolonged until Jan. 1, 2011

Latest

Latest