15/07/2021 Market news

On the 28th week, the trend up for freight rates continues in the Azov-Black Sea region. Thus, the rate for a shipment of 3,000 tons of wheat from Azov to Marmara sea ports reaches the level of USD 33 per ton this week. Despite the lack of a new crop due to severe weather conditions in the Russian southern regions, spot shipments are quite active, especially for wheat and peas cargoes.