Market's analytics 35 week

05.09.2016

AZOV SHORT SEA: Turkey and Egypt are not buying Russian wheat. Meantime, Sea-River Owners reverted to «end June» rates. All involved parties are stuck anticipating the market to boom. The gap in rating routes is pretty substantial hence not many deals get materialized.

CASPIAN SEA: Rumors that Iran has its own volume abt 14,5 mio of wheat and doesn`t know what to do with such qtty. For instance, 35 $/pmt bid and 38-39 $/mt ask for shipment fm Kamyshin to NIP. Samara - NIP , gap between Owns and Chrtrs is remain at abt usd 4-5 pmt.

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