The cost of freight at the beginning of the new season began to rise again

2024-07-05 09:54:28
The cost of freight at the beginning of the new season began to rise again

Activation of grain export supplies and increased demand for hand sizes led to an increase in the cost of their freight by $2/t, Spike Brokers analysts report.

 

"Owners of lighters and barges are trying to increase freight, but a significant supply of ships meets the needs of the current cargo flow, which contributes to the stabilization of prices," experts believe.

 

Market rates for transportation from river ports are:

  • Izmail — Constanta, Romania (1-3 thousand tons) -11-12 €/t,
  • Izmail — Ruse/Silistra, Bulgaria (1-3 thousand tons) - 17-18 €/t,
  • Izmail — Israel (5-7 thousand tons) - $26-27/t,
  • Reni — Marmara, Turkey (5-7 thousand tons) - $16-17/t.

 

The cost of freight for transportation from the port of Chornomorsk is:

  • to the east coast of Italy (30-35 thousand tons) - $23-24/t,
  • Spain (30-35 thousand tons) - $24-25/t,
  • of southern China (60-65 thousand tons) – $52-54/t,
  • of southern Vietnam (60-65 thousand tons) – $50-52/ton.

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