Throughout 2024, a discount of 27% will be applied to the tariff for rail transportation of agricultural products in transit through Moldova. Such agreements were reached during a meeting of the Intergovernmental Ukrainian-Moldovan Mixed Commission on Trade and Economic Cooperation on September 29, 2023 in Odesa.
The Black Sea sunflower oil market is showing a price increase. Sellers are offering the product at $880/t CIF Mersin for shipments in January-February, while buyers’ ideas are hovering within $855-860/t CIF Mersin.
The cargo turnover increased by 124,000 t to 714,000 t in the Liepaja FEZ in December compared with November.
Ukrainian Danube ports handled 29.4 million t of cargo from January 1 till November 30, 2023, which is almost six times higher than in the pre-war period, that is before the full-scale invasion of Ukraine.
The volume of grain transportation from Ukraine to foreign markets reached almost 991,000 t in January 1-10, 2024 compared with 2.73 million t in December 2023. About 790,000 t of grain meant for oversea shipments arrived at Ukraine’s ports in the period under review (against 2.1 million t in December).
A total of 8.5 million t of export cargo and 1.4 million t of imported goods were transferred through the Izov – Hrubieszów border crossing point in 2023 (down 928,000 t and 243,000 t, respectively, compared with 2022).
Cargo turnover increased by 444,000 t to 1.8 million t at the Freeport of Riga in December compared with November. This is mainly due to improved handling of dry bulk cargo (up 244,000 t to 977,000 t) and general cargo (up 207,000 t to 757,000 t).
The cargo turnover dropped by 230,000 t to 3.4 million t at the Port of Klaipeda in December compared with November. In particular, Klaipeda State Seaport reports a 132,000 t plunge in December transshipment volume to 2.7 million t. Handling of crude oil dropped by 98,000 t to 692,000 t at the Butinge terminal.
A total of 1.1 million t of cargo were transferred through the Chop – Zahony land border crossing point in 2023, of which 108,200 t fell on imported goods while 1 million t were export cargo. Thus, the cargo flow increased bylmost 400,000 t in 2023 compared with 2022 or 56% year-on-year.
Trade has perked up in the Black Sea region in early January, driven by demand from Turkey and India. Offers are voiced at $865-870/t CIF Mersin and $860/t CIF Izmir with fast shipments, but bids do not exceed $850/t CIF Mersin.