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World news:

Freight rates for grain transportation from Danube ports continue to rise.

According to Atria Brokers, as of June 13th, freight rates for transporting batches of wheat and corn with a volume of 6,000 tons by coasters from the ports of Reni and Izmail were as follows:

  • To Spain: $55/ton
  • To the eastern coast of Italy: $48/ton
  • To the eastern Mediterranean (Lebanon, Egypt, Cyprus): $40/ton
  • To the eastern coast of Greece: $37/ton

During the week, the freight costs for these routes increased by $2/ton due to increased demand. Additionally, rates for transporting grain to Crete increased to $38/ton, and to Israel to $45/ton, both increasing by $1/ton. It should be noted that freight rates for barley are approximately $2/ton higher than those for corn.

Freight rates for transporting wheat and corn by coasters from Danube ports to Marmara increased from $30/ton to $32/ton during the week, but there is still almost no demand in this direction.

Freight rates for transporting wheat and corn by barges from Danube ports to Constanța increased by €2/ton to reach €30/ton, while rates for rapeseed remained at €35/ton.

Freight rates for transporting non-granulated meal by coasters in batches of 6,000 tons to Marmara increased by $3/ton to $45/ton, while rates for granulated meal remained at $40/ton.

Freight rates for transporting rapeseed meal by coasters to Spain increased by $10/ton to reach $75/ton during the week.

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