Ukraine: Transportation of grain by Panamax from the ports of Odessa is becoming more expensive
Grains, Cereal & Legumes
Ukraine
Supply Chain Management
Market & Price Trends
Published Mar 25, 2024
Tridge summary
Freight rates for corn transportation have risen, as per Atria Brokers' data. Rates for corn transported by Panamax from deep-water ports to China have increased by 2 $/t per week, reaching 62-64 $/t. The rates for transporting 6,000 tons of corn from the ports of Reni and Izmail to Marmara and Spain have also increased by 1 $/t, reaching 27-28 $/t and 45-46 $/t respectively. Additionally, the freight for transporting corn by barge to Constanta has increased by €1-2 per week, reaching 11 €/t.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
This is reported by the Ukrainian Grain Association based on data from Atria Brokers. On 21 January, freight for corn transported by Panamax from deep-water ports to China increased by 2 $/t per week - up to 62-64 $/t. Rates for the transportation of 6,000 tons of corn by “bonfires” from the ports of Reni and Izmail directly to Marmara and Spain increased by 1 $/t - to 27-28 $/t and 45-46 $/t; savings in Italy - increased by 2 $/t for the week - up to 40-42 $/t; same as before the Mediterranean Sea - they lost unchanged at 35-37 $/t. Freight rates for the transportation of corn by "Handysize" from deep-water ports for key routes remained unchanged: to the Mediterranean coast of Egypt - 30-32 ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.