On the 41st week, freight rates in the Azov-Black Sea region continue to rise rapidly. Thus, contracts for a shipment of 3,000 tons of wheat from Azov to Marmara Sea ports this week are concluded at the level of $ 82 per ton, which is $ 10 more than a week earlier. Grain cargo trade is very active, which is favored, primarily, by the reduction of export fees that has been observed for the last month. Thus, from October 12, the export tax on wheat will decrease to 1,926.8 rubles from 2,119 rubles per ton a week earlier. The tax on barley will decrease to 1,632 rubles from 1,849.8 rubles per ton, on corn – from 3,295.6 to 3,114.1 rubles pmt.
It is worth noting that the nomenclature of shipped goods has significantly amplified. If, earlier, shipments of wheat dominated on short sea, now requests for the export of barley, peas and various subcultures are constantly increasing. It is important to note that the rates for long-distance shipments are growing even faster, since most shipowners try to work more profitable short distance cargoes. As for the EU ports, an additional factor that contributes to a very strong increase in rates is the aggravation of the geopolitical situation and a new lot of sanctions, which has increased the concern of Russian shipowners regarding the security of European ports for their vessels at the moment.