On the 13th week, freight rates in the Azov-Black Sea region went down sharply. Thus, the rate for a shipment of 3,000 tons of wheat from Azov to Marmara Sea ports this week is at $ 54 per ton, which is $6 lower than last week’s rate. The demand for Russian grain from Turkish buyers remains very low, so prices continue to fall. Many market players expect the fall to continue down to the level of 50 dollars by next week. It is worth noting that there is also practically no cargo for long-distance destinations on the market, so here the rates are also going down.
The export fee on wheat from March, 29 th will increase to 5,409,6 rubles from 5,327.9 rubles, and the tax on corn will also increase from 2,646,9 rubles per ton to 2,885 rubles. At the same time, the export fee on barley will decrease slightly – to 3,245.3 rubles from 3,298.2 rubles. It is worth noting that despite the numerous calculations of the shippers, the demand for grain products from the river ports of Russia remains low, there are also no perspectives of intensifying export trade in the short term.