On the 35th week, freight rates continued to grow in Azov-Black Sea region. The cost of contracts for a shipment of 3000 mts of wheat from Azov to Marmara Sea ports is USD 54 pmt. The increase in freight rates is primarily due to the lack of spot fleet in the Azov Sea, which is caused by the long queues for the passage of the Kerch Strait. At the same time, lower export fees on grain exports lead to active sales, primarily to Turkish buyers. Among the long-distance ports, Israel and Mersin are the most requested destinations this week.
The fee for wheat export will be 4,269.9 rubles against 3,712.8 rubles per ton a week earlier. The tax on barley has been significantly reduced to 431.8 rubles against 860.3 rubles per ton, while the export fee on corn will amount to 1,931.5 rubles against 2,495.3 rubles per ton.