Shipments from the ports of the Azov Sea region remained suspended during Week 32. Traders continue to actively seek buyers in other destinations, primarily in the Caspian region.
The Russian wheat export duty will be set at RUB 5.7 per tonne from August 5, compared with a zero rate maintained over the previous three weeks. The export duty on barley will remain at zero, while the duty on corn will decrease by 1.7 times, from RUB 232.6 to RUB 137.2 per tonne.
The situation in the Baltic coaster market remained largely unchanged this week. At the same time, the growing number of requests for freight rate indications may signal a gradual recovery in market activity in the near term.