FBX Index March 2023: Quiet before the storm?
The data indicators which became available over the past month all share a common trait. They show relatively modest changes compared to the previous months. Freight rates across the board continued to decline, albeit some more than others. However, the pace of the decline was mainly quite subdued compared to the sharp drops seen in […]
Grain Highlights 13.03.2023
At the negotiations on the extension of Ukraine’s grain corridor in Geneva, the Russian delegation agreed to renew the deal for another 60 days. – Over the week of March 6-12, 487,000 tons of wheat were exported from the Russian port of Novorossiysk (-19,000 a week earlier). 72,000 tons were sent to Saudi Arabia, 69,000 […]