On the 35th week, freight rates in the Azov-Black Sea region continue to decline. Thus, contracts for the shipment of 3,000 tons of wheat from Azov to Marmara Sea ports are concluded at the level of USD 47 per ton. Russian grain is traded in very small volumes, besides, a national holiday was celebrated in Turkey earlier this week, which reduced even more the trading activity. It should be noted that this week was officially announced a serious increase in tariffs for the passage of the Bosphorus Strait from October 7th, which will undoubtedly affect freight rates in the future.
Strong activity of the grain market continues to be observed in the Volga region, from where grain is exported both in the northern and southern directions. At the same time, the demand for grain in the Caspian region is not decreasing, what supports freight rates.