On the 2nd week, freight rates in Azov-Black Sea region continue to remain at the end of December level. Thus, contracts for a shipment of 3000 tons of wheat from Azov to Marmara Sea ports are discussed at the level of 63 dollars per ton. During the holidays, there was a decrease in activity on the freight market, but this week, grain trade is gradually recovering. At the same time, it should be noted that the situation in the Red Sea still remains tense, which creates uncertainty and affects negatively sea logistics all over the world.
As for the export fees on grain exports from Russia, its amount for wheat exports from January 11th is raised to 4,165.9 rubles against the current rate of 3,859.7 rubles per ton from December 27th. The tax on barley will still be zero, while the export fee on corn will be raised to 1,431.7 rubles against 1,148.6 rubles per ton.