08/06/2022

On the 23rd week, a sharp increase in freight rates is recorded in the Azov-Black Sea region. So, the rate for shipment of 3,000 mts of wheat from Azov to Marmara Sea ports is USD 46 per ton. Despite the end of the grain season, more and more cargo appears on the market every day. Some farmers, on the eve of the new harvest, lower prices in order to sell the remains of their crops, although this can hardly be called massive. In addition, shipments from the Russian river ports are actively being worked out, which should begin at the end of this month. Ukrainian grain still continues to be actively exported at prices more favorable than Russian, but the difference in cost is leveled by freight. Due to military risks and long queues, the difference in freight rates can reach USD 50.