Container ships are waiting at Asian ports as retailers struggle to shift excess stock
It’s been a slow summer for shipping routes from Asia to Europe and beyond — and hopes of a traditional peak season when holiday orders are imported are fading.As firms making goods from apparel to electronics hold excess stock, there’s less of a demand to ship products. This means some vessels are waiting in ports […]
Grain Highlights 26.08.2023
For the second time this month, Rusagrotrans has raised its forecast for the Russian wheat production in 2023 by 3.3 million tons to 92 million tons. For the second time this month, Rusagrotrans has raised its forecast for the Russian wheat production in 2023 by 3.3 million tons to 92 million tons. Under certain circumstances, […]
Grain Highlights 25.08.2023
Insurance companies involved in insuring the export of Russian oil through the Black Sea have increased their premiums by around 1% to 1.2 – 1.25%. Insurance companies involved in insuring the export of Russian oil through the Black Sea have increased their premiums by around 1% to 1.2 – 1.25%. This means that each cargo […]
Grain Highlights 24.08.2023
According to the forecast by the Union of Agronomists in Kazakhstan, the wheat production in the country is not expected to exceed 10 million tons in 2023. During the period from July 01 to August 23, 2023, Ukraine exported 3.832 million tons of grains (compared to 3.327 million tons by August 25, 2022), including 1.558 […]