About 3,500 wagons with grain were waiting for unloading at Ukrainian sea ports as of August 10. Taking into account that approximately 119 wagons per day are accepted at the stations, it will take about 29 days to process all these wagons.
At the Freeport of Riga, the cargo turnover increased by 97,000 t to 1.4 million tonnes in July compared with June 2023.
For the first time in the last five months of 2023, the stevedores of the Liepaja FEZ managed to step up the cargo turnover. Thus, they handled a total of 458,000 t of cargo in July compared with just 66,000 t in June.
Gondola car rental rate index, €/day*
As many as 289 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of August 3 (up 15 wagons compared with the previous week).
A total of 8,350 wagons were waiting for unloading at Ukraine’s western land border crossing points as of August 2, down 31 wagons compared with July 26.
The information on new temporary routes for civilian vessels to and from Ukraine’s Black Sea ports was published in the Order of the Navigational Report of the Ukrainian Navy No. 6 of August 8.
Turkish importers of steel scrap refrain from active negotiations, pinning hopes that prices will keep going down further. Meanwhile, foreign scrap traders are sitting on the fence waiting for more favorable market environment. As a result, both parties are slow to enter into new deals.
Iron ore quotes have fallen to a two-month low in China after July 31. Iron ore demand has weakened due to floods caused by aftermaths of typhoon in the northern regions of the country, as well as due to further decline on the steel market.
Trade has decreased to a minimum on the West European market for imported thermal coal. Quotes have sagged to $106-116/t CIF ARA, and players took a wait-and-see stance.