In the telegram No. ЦДЗ/392 dated December 16, Ukrzaliznytsia informs about the suspension of transportation of any types of cargo from Ukraine to Poland to the address of Louis Dreyfus Company Polska Sp. z o. o. The convention will be in effect from December 19 until the cancellation of this decision.
Last week’s decline in urea offer prices significantly spurred purchasing activity in Egyptian ports, allowing local producers to sell at least 80,000 t of granulated fertilizer with Jan shipment within the price range of $535-565/t FOB.
After a series of deals signed at $725-730/t CFR India last week (due to long delivery, particularly from Russia, and probably only to replenish stocks), purchasing activity has slowed down on the Indian phosphorous fertilizer market, but there is still some activity in the country.
The regasification vessel Höegh Esperanza (FSRU – Floating Storage and Regasification Unit, 294 m long) was installed on Thursday, December 15 in Wilhelmshaven (Germany, Lower Saxony), and the new LNG terminal was officially put into operation on December 16.
Cost of freight car repairs* at some private enterprises of Ukraine, thousand UAH, VAT excluded
Iron ore price trend looks pretty mixed in China due to high market volatility.
Turkish metallurgical enterprises refrain from purchasing imported steel scrap. So, prices have stalled after the last week’s increase.
As of December 14, as many as 19,900 wagons addressed to foreign operators were waiting in the Ukrzaliznytsia’s network.
Rail Cargo Group, part of the Austrian Federal Railways (ÖBB), transported a total of 1 million tonnes of Ukrainian-origin grain during the period started March 1 and ended November 30, 2022.
Despite generally quite good levels of TCE for coaster ships of various sizes, the small-tonnage shipping market is dominated by negative sentiment given the absence of any noticeable pre-holiday activity surge (most likely, the spike will not visit the market this year).