Sunflower oil market. Ukraine // Week 19
The Ukrainian sunflower oil market has been under pressure due to low interest from major buyers and uncertainty over the future of the Grain Corridor.
Coal market // Week 19
Quotes for imported thermal coal continue to decline in West Europe.
Steel scrap market // Week 19
ISM sources report ballooning purchases of imported steel scrap by Turkish buyers this week.
Market of complex and potash fertilizers // Week 19
Demand for phosphates remains strong in Ukraine. Note that Dnipro Mineral Fertilizer Plant plans to resume production of NP 10:32 and NP 8:22 next week.
Nitrogen fertilizer market // Week 19
The market for Egyptian urea has been inactive this week due to lower demand in Europe and falling prices in Brazil and the US.
Hungary cancels 7-day transit period for Ukrainian grain
On May 12, the Hungarian Gazette published the Hungarian Government Decree No. 130/2023 (IV. 18.), stating that agricultural products originating from Ukraine which have been supplied to Hungary for transit purposes are allowed to stay in the territory of the country during the period of 15 days.
New rail route between Polish port of Gliwice and French city of Markolsheim
CFL Cargo and Bertani Trasporti announced the launch of a railway link between the port of Gliwice in Poland and Marcolsheim in France.
Restrictions on grain transportation for Hungarian operator MMV
From May 16 to June 30, a ban will be in force on acceptance of wheat (HS 1001), corn (1005), rapeseed (1205) and sunflower seeds (1206) intended for transportation by MMV Magyar Maganvasut (Hungary).
LDZ Cargo is selling 148 freight wagons
On May 17, LDZ Cargo will hold an auction for the sale of 148 freight wagons (which have already been excluded from the inventory fleet) in one lot with a starting price of €490,000 and a step of €5,000.
Italian TX Logistik to receive locomotives from Siemens
Siemens Mobility and FS Italiane Group (together with its subsidiary TX Logistik AG) have signed a contract for the purchase of 40 Vectron locomotives and their maintenance for 15 years.