In November, truck traffic expectedly showed the decline due to the blockade of the Polish-Ukrainian border. Exports by road decreased by 27% to 783,000 t compared to October, while imports decreased by 24% to 967,000 t.
As of December 4, 15 vessels were at the roadstead of the Sulina and Bystre Canals. The average waiting period for a call is about 2-5 days.
Siemens Mobility, a German manufacturer, and European Locomotive Leasing Group (ELL), a Vienna and Munich-based company, have signed an agreement for the additional supply of up to 200 Vectron locomotives. This is the fourth agreement between ELL and Siemens Mobility.
ArcelorMittal Kryvyi Rih was visited by the Ambassador of Germany to Ukraine, Mr. Martin Jaeger. During the visit, the current state of the enterprise and its development prospects were discussed.
The Moldovan government has approved a draft law to allocate a €19.5 million grant to restore the most damaged sections of the Valcinet – Ocnita – Balti – Ungheni – Chisinau – Cainari railroad.
Cargounit, a Polish company specializing in rolling stock leasing, received two new Vectron MS locomotives from Siemens Mobility in November and ordered additional electric locomotives.
The Polish company PKP LHS is launching a transshipment terminal at Wola Baranowska LHS (Wola Baranowska), in which more than PLN 61 million has been invested, including PLN 16 million from the European Regional Development Fund.
From November 30 and until this decision is canceled, a ban will be in effect on transportation of goods of any nomenclature from Ukraine via Izov-Exp. to Poland for the consignee AmeriGas Poland Sp. z o.o.
In the U.S., soybean export quotes are under pressure of the global trend caused by improving weather conditions in Brazil. According to USDA, the U.S. soybean harvesting was complete as of November 19, which also affects pricing.
Export quotes for corn are generally flat in Brazil. Market participants continue to keep a close eye on weather conditions impacting production prospects and thus prices.