Bunker fuel prices // Week 45
Dynamics of average mazut prices, $/tonne
Handling at Ukraine – Slovakia border crossings*
On average, as many as 209 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of November 9 (down 41 units in two weeks). In particular, 183 wagons were moving on export routes (down 40 units), while 26 wagons arrived with imported goods (down 1 wagon).
Rolling stock price indices in Ukraine // Week 45
Gondola car price index, €/unit*
Freight indices // Week 45
The small-tonnage market remains depressed in the Black and Mediterranean Seas. Amid ongoing shortage of cargo offers (in particular, of grain from Ukrainian and EU ports, steel products from Russia, as well as of fertilizers, minerals and steel products from Turkey), the tonnage list continues to grow in all parts of the basin.
Railway deliveries of mineral fertilizers to Ukrainian consignees
The total transportation volume of mineral fertilizers by railways dropped by 76,000 t to about 201,000 t in October, showing a decrease of 27% compared with September.
Soybean market // Week 45
In the U.S., soybean prices have grown sharply amid large purchases by Chinese importers. Thus, during the week, private exporters have reported sales of a total of 1.7 million t of soybeans to China and 1.1 million t of soybeans to an unknown buyer (most likely also China) for shipments during MY 2023-24.
Grain market. South America // Week 45
In Brazil, corn prices are under pressure from a large offer. Anec forecasts November corn shipments at around 8.35 million t (5.89 million t in November 2022). According to Safras&Mercado, Brazilian producers sold 71% of the 2022-23 safrinha corn crop (69% a year ago and an average of 74.7%).
Grain market. USA // Week 45
Despite heavy corn sales in the U.S., relevant quotes have declined due to seasonal pressure, as well as an advancing U.S. harvesting and higher estimates of global production and ending stocks.
Coal market // Week 45
Quotes for imported thermal coal have decreased in ARA ports. Local consumers are inactive on the market. Our sources have reported a tender for the purchase of thermal coal by one of European cement producers, but the details have not been disclosed yet.
Iron ore market // Week 45
Iron ore prices are on the rise in China despite weak demand and another 1.8 million t hike in port stockpiles to 108.8 million t.