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The grain freight market in anticipation of rising
In the Azov region, freight rates continue to rise. Shipowners whose ships are open at the end of 26 weeks, prefer to wait for the beginning of July, not to fixout spot cargo. They believe that in the beginning of next month, the market growth will be so rapid that compensates for the loss of several days of downtime.
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Charterers, scheduled sending to the first half of July, also prefer to wait for the spot date, as I believe that current expectations of Shipowners are too high, and in fact the market is expected to grow more slowly and closer to the dates you will be able to find the ship at a more favorable rate.

In addition there are factors that cast doubt that the market in the coming weeks will be unconditionally on the side of the Shipowners. Due to the lack of rain, the nature of the new grain is quite low. Not all buyers are willing to enter into contracts for such goods, despite the fact that the senders are trying to increase performance by mixing with the last harvest. It is expected that the freight on the 27 th week will add another $ 2-3, more rapid growth is unlikely.
This year, the Rostov Universal Port plans to abandon the shipment of General cargo and fully shift to work with in bulk. The terminal has already signed contracts for large volumes with the largest grain Exporters. A one-time treatment of small lots of General cargo will only hinder contractual grain handling and may no longer be commercially viable for the port. This will likely increase the demand for ships under the Russian flag for execution of transit flights in the Volga ports due to the reorientation of traffic, which previously went with transshipment in Rostov.

Caspian market shows weak, compared to the sea of Azov, activity. Large companies continue to work steadily enough, small Exporters are not always able to make the sale and to resolve issues with the calculations. Despite this, the overall negative trend, Iran took the lead on purchases of grain from Russia since the beginning of June this year. During this period, was delivered about 194 thousand tonnes of maize and barley. Some Traders expect in the near future, Iran will start to buy the wheat. Problem with making payment for Iranian customers compel participants high margin of the Caspian market to find new schemes of work. So many Exporters now enter into contracts through the big grain Traders who have the tools of getting money for the goods. In addition, on the market there are new players not previously engaged in the grain trade, but having the financial ability to carry out the transaction.

 

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Источники: Зерно Он-Лайн
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