Baltic index down for fifth day on lower vessel rates
The Baltic Exchange’s main sea freight index fell for the fifth straight session on Monday, as demand across vessel segments remained weak. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 23 points, or about 3%, at 740 — its lowest in over two-and-a-half years. The capesize index […]
Grain Highlights 24.01.2023
According to data from Oil World, over the period of October – December 2022, soybean processing in the world was 79.5 million tons (-1.2 compared to the previous year). – During the week of January 16-22, 482,000 tons of grain were exported from the Russian port of Novorossiysk (445,000 tons a week earlier), including wheat […]