14/12/2022

On the 50th week, freight rates in the Azov-Black Sea region remained at the level of $ 74 for a shipment of 3,000 tons of wheat from Azov to Marmara Sea ports. It should be noted that weather conditions have improved in the Rostov port and the water level has risen, as a result of which the movement of ships has been restored. Thus, the shortage of the fleet for end December and January dates has ceased to be so acute. In general, trading activity in the grain market remains quite low due to weak demand in Turkey, charterers mostly expect freight at the level of 70-72 dollars for successful conclusion of new contracts. In addition, export taxes on all three crops will rise from December, 14. According to the Ministry of Agriculture of Russia, the export fee on wheat exports from Russia will amount to 3143.4 rubles per ton, for the export of barley — 2603.1 rubles, for corn — 78.2 rubles.