DP World forecasts further freight rate fall as demand slows
DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics company’s deputy chief executive and chief financial officer Yuvraj Narayan told Reuters. Narayan said the first signs of a significant drop in demand were visible and freight […]
Grain Highlights 17.01.2023
According to SovEcon’s forecast, the ending wheat stocks in Russia will reach a record 16.2 million tons in 2022/23 (6.7 in 2021/22 and 9.3 million tons on average for the last five years). – According to SovEcon’s forecast, the ending wheat stocks in Russia will reach a record 16.2 million tons in 2022/23 (6.7 in […]