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Coal Export Prices Rise in September; Putin to Speak at Forum

RUSSIA
  • Russian export coal prices rose by more than 14% in September ahead of the October holidays in China and amid restrictions on domestic production there, as well as robust demand from India, Kommersant report.
  • Turkey is preparing to host the third international gathering of national security advisers working to build support for a peace summit Ukraine wants to hold later this year, Bloomberg report citing people familiar with the matter. The meeting is tentatively scheduled for later this month in Istanbul. Participants will discuss ideas for reaching a lasting peace in Ukraine.
  • Since the beginning of 2023, 16 new foreign brands of consumer goods have appeared in Russia, a record number since 2019, RBC report. According to the newspaper, it is mostly Turkish sellers of clothing that are entering the market.
  • The Bank of Russia reports weekly changes in gold and FX reserves later today. President Putin is set to address the plenary session of the 20th annual meeting of the Valdai international discussion club, according to Tass. The forum brings together Russian and foreign experts in the political, economic, cultural and humanitarian fields, Tass say.
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