Deep-Water Terminals in the Port of Novorossiysk may Raise Rates for Grain Transshipment !!!

Due to the rise in rates, traders may try to reduce the purchase prices for grain in the domestic market.

Due to the increase in the active export of grain from Russia deep-sea terminals in the port of Novorossiysk can raise rates on grain transshipment by $ 2-3 from the current $ 15-16, says “Kommersant” referring to the analytical center ” SovEkon“. Growth may exceed the margins of exporters, and in response they will try to lower the purchase prices for grain on the domestic market, which will not be easy. A source of the publication close to the owners of the terminals and a large exporter clarified that the issue is “still under discussion.”

This was confirmed to Agroinvestor“And the general director of” Real Agro “Alexander Grigoryants. Of course, the lower the rate, the better it is for the exporter, but $ 15-16 / t is the level that has developed since last season, which traders take into account, and its increase will in any case affect the purchasing policies of companies. “Farms are usually less willing to lower prices than they raise. And in the event of an increase in the rate, exporters may for some time face a reduction in the speed and volume of purchases due to a decrease in purchase prices, “commented Agroinvestor»Grigoryants.

General Director of the agricultural holding “Step”(part of AFK SistemaVladimir Yevtushenkov) Andrey Neduzhko believes that there are no market prerequisites for increasing transshipment rates in Novorossiysk now, since the volume of grain exports through deep-sea ports is now 5% lower than the level of the same period last year, Kommersant writes. If such a decision is made, it will lead to the redirection of some of the export volumes towards road transshipment, the top manager believes.

Read More Here ->>……………….