20.
05.22
09:25

Black Sea grain prices up

Around the Black Sea, grain prices have risen sharply again. It is reported that at the port in Novorossiysk a ton is currently being traded at 410 US dollars. In the previous week, the price was still $ 15 less. In particular, the report from India that no more grain will be exported for the time being is responsible for the rising prices in Russia. Sovecon reports that exports totaled 180,000 tons last week, well below the level of the previous week. This is likely to be related in particular to the current export quota. According to this, only 0.8 to 1.2 million tons may be exported.

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