30/09/2020 Market news

On the 40th week in Azov- Black sea region freight rates are decreasing. For example, the freight rate for 3000 mt of wheat from Azov sea port to Marmara went down to 20 USD per metric ton. This decrease is explained by reduction of the cargo quantity on the market, which was led by Turkish and European buyers, who are unprepared to offer profitable prices for traders and export companies.