The Ukrainian grain export market continues showing mixed price trends in late January-early February. Traders’ attempts to sell as much agri products as possible by sea before the next prolongation of the Grain Initiative supported domestic prices and put pressure on export quotes.
Turkish plants are showing steady interest in purchasing high quality imported steel scrap. The decline in energy prices and a resumed business activity on the market of finished steel products even allowed traders to raise prices.
Prices for imported iron ore can be called generally stable in China, with Australian Fe 61-62% iron ore fines being the only exception showing an upturn.
Seven companies with logistics terminals in France have joined forces with the national freight operator Fret SNCF to create the first national network Rail Route Connect (2RC).
The return of dry weather to Argentina and increased Chinese demand after the holidays supported prices on the US soybean market.
Quotes for imported thermal coal keep sliding down in West Europe, suffering pressure from favorable weather in regional countries, high stocks in ARA ports and the ongoing decline in gas prices (which are at the lowest levels over the past 1.5 years).
The Ukrainian market for sunflower oil is weak as buyers have secured stocks for the next 1.5 months.
Grain exports from Great Odesa ports, thousand tonnes
This year, PKP Cargo will receive 24 dual-system Dragon electric locomotives and five Siemens Vectron locomotives from the Polish manufacturer of electric and diesel rolling stock Newag SA.
From February 6 until revoked, a convention will be restricting transit cargo transportation by LTG Cargo Ukraine from Ukrainian stations through Poland.