On the 5th week the Azov–Black Sea region continues to experience a sharp upward trend in freight rates. Contracts for the shipment of 3,000 tonnes of wheat from Azov to ports of the Sea of Marmara are already being concluded at USD 50 per tonne. Demand for grain remains strong both in Turkey and in Eastern Mediterranean countries, while the zero export duty on wheat continues to support the conclusion of attractive forward sales contracts. As a result, a shortage of spot tonnage persi...
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20 из 20On the 6th Week the Azov–Black Sea region is experiencing a gradual decline in freight rates following several weeks of strong growth. Freight contracts for the shipment of 3,000 tonnes of wheat from Azov to Marmara Sea ports are now being concluded at around USD 47 per tonne. The upcoming implementation of export quotas is significantly reducing the number of contracts for mid-February. In addition, demand for Russian grain from Mediterranean countries has weakened. At the same time, ice condit...
On the 4th week freight rates in the Azov–Black Sea region continued to strengthen, climbing to USD 43 per ton for shipments of 3,000 tons of wheat from Azov to Marmara sea ports. This significant week-on-week increase is driven by ongoing delays in the Kerch Strait and a lack of available spot tonnage. In addition, more companies are becoming active ahead of the introduction of the traditionally imposed export quotas from mid-February. The export duty on Russian wheat will remain at zero for th...
On week 7, the Azov–Black Sea region saw a return to rising freight rates following a slight decline the previous week. Contracts for the shipment of 3,000 tons of wheat from Azov to Marmara Sea ports are being concluded at USD 50 per ton. Despite a slight decrease in demand for Russian grain, freight rates continue to increase due to the limited availability of open tonnage for February laycan dates. This is обусловлено both weather conditions in the Kerch Strait and delays related to vessel in...
На 5-й неделе в Азово-Черноморском регионе сохраняется тренд на резкий рост ставок фрахта. Контракты на отправку 3 000 тонн пшеницы из Азова на порты Мраморного моря уже заключаются на уровне 50 долларов за тонну. Спрос на зерно продолжает расти как в Турции, так и в странах Восточного Средиземноморья, а нулевой уровень экспортных пошлин на пшеницу способствует заключению выгодных запродажных контрактов. В результате в регионе по-прежнему ощущается дефицит спотового флота, что ведёт к стрем...
In week 11, the Azov–Black Sea region saw a sharp increase in freight rates to USD 55 per ton for shipments of 3,000 tons of wheat from Azov to the Marmara Sea ports. Such a sharp rise is not supported by stronger grain demand or an increase in forward sales contracts, but rather reflects the general trend of recent weeks — rising freight driven by higher fuel prices. At the same time, no shortage of tonnage is currently observed in the region for March dates. The export duty rate in Russia for ...
On the 9th week the market in the Azov–Black Sea region is returning to a downward trend in freight rates. Contracts for the shipment of 3,000 tons of wheat from Azov to the Marmara Sea ports are being concluded at the level of USD 48–49 per ton. Improved weather conditions in the Azov Sea have contributed to an increase in the availability of open tonnage for March dates. Demand for Russian grain remains stable, though without any pronounced surge in activity. In addition to wheat, there is gro...
On the 8th Week freight rates in the Azov–Black Sea region continued to rise, reaching USD 51–52 per ton for shipments of 3,000 tons of wheat from Azov to Marmara Sea ports. The number of sales and shipments remains limited; however, due to the shortage of available tonnage for February laycan dates, existing contracts are being concluded at elevated rate levels. Weak grain demand is likely to result in a rather sharp decline in freight rates in the region once favorable weather conditions are r...
On the 10th week freight rates in the Azov–Black Sea region remain at the level of USD 48–49 per ton for shipments of 3,000 tons of wheat from Azov to Marmara Sea ports. No increase in cargo flow is observed, demand remains relatively weak, while many shipowners continue to face delays in the Kerch Strait. The escalation in the Persian Gulf region, which has led to rising fuel prices, is already beginning to impact the Black Sea and Mediterranean markets. There is a high probability that the inc...
На 6-й неделе в Азово-Черноморском регионе отмечается постепенное снижение ставок фрахта после нескольких недель активного роста. Так, контракты на отправку 3 000 тонн пшеницы из Азова в порты Мраморного моря уже заключаются на уровне 47 долларов за тонну. Скорое вступление в силу экспортных квот существенно сокращает количество контрактов на середину февраля. Кроме того, наблюдается спад спроса на российское зерно со стороны стран Средиземноморья. При этом ледовая обстановка в Керченском пролив...