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Grain exports from Russia may reach 3 million tons in March
Grain exports from Russia in March will start to rise and could reach up to 2.9-3 million tons, predicts the Deputy Director of Department of strategic marketing of CJSC "Rusagrotrans" Igor Pavensky
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"In March, possible growth of export in comparison with last year, deliveries can reach 2,9-3 million tonnes, against 2.77 million tons in March 2016 under the impact of a number of reasons, including growth in the supply of wheat and the revitalization of small ports," said I. Pavensky in interview to Agency "Interfax". In particular, the wheat exports will reach 2.2 million tons against 1.7 million tons a year earlier.

At the same time, the forecast for February remains the same - to 2.3-2.4 million tons (2,751 million tons in February 2016), despite the possible increase in loading at deep-sea ports, said the expert. February exports of wheat I. Pavensky estimates of 1.7-1.8 million tonnes against 1.85 million tons a year earlier.

According to his forecast, the volume of transhipment in deep-sea ports in February 2017 may exceed last year's level, amounting to 1.6 million tons compared to 1,506 million tons in February 2016. As of 10 February has already been shipped to 416 thousand tons of grain under loading are 232,2 thousand tons.

As said I. Pavensky, last week the export prices for Russian wheat had a positive trend, reaching $188 per tonne (FOB) for March delivery.

The purchasing prices of exporters for wheat with a protein content of more than 12.5% in deepwater ports of the Azov-black sea basin has added 200 rubles per ton compared to early February (10 800 rubles per ton), added the expert.

Photo: glavk.info



Translated by service "Yandex.Translation"
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