Baltic index logs fifth straight weekly drop on weaker vessel demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight week on Friday, pressured by weaker rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 19 points, or about 3%, to […]
Grain Highlights 05.02.2023
Russian wheat export prices with February delivery fell by 3 USD/ton last week to 302 USD/ton due to strong supply. – Russian wheat export prices with February delivery fell by 3 USD/ton last week to 302 USD/ton due to strong supply. However, we also saw lower prices at the tender in Egypt, i.e. at the […]
Grain Highlights 03.02.2023
Given the unfavorable weather conditions in Russia, IKAR lowered its forecast for the 2023 wheat production from 87 million tons to 84 million tons. – Rusagrotrans raises its forecast for grain exports from Russia in 2022/23 to 56.6 million tons from 55 million tons in the previous estimate. – Given the unfavorable weather conditions in […]
Grain Highlights 02.02.2023
The Government of Russia introduces a quota for the export of grain from the country during the period 15.02.13.06.2023 in the amount of 25 million tons. – The Government of Russia introduces a quota for the export of grain from the country during the period 15.02.13.06.2023 in the amount of 25 million tons. In 2021/22, […]