Category: Freight
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BRICS Grain Exchange Could Reshape Global Grain Trade
The BRICS bloc is considering the creation of a dedicated BRICS grain exchange and related market institutions. The proposal aims to reduce reliance on established global grain trading houses and challenge perceived “grain monopolies.” If implemented successfully over the long term, the initiative could significantly expand Russia’s grain export potential, possibly doubling volumes. Near-term market…
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Grain Broker Market Analysis: Key Insights & Trends
Ukrainian Railways saw a 25% month-on-month increase in grain loading volumes during November. Average daily grain loading rose by 17% over October, indicating faster movement toward export hubs. Total grain transportation reached 2.425 million tons in November’s first 25 days, up 22% from October. This surge increases supply for export, potentially putting downward pressure on…
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📈 Ukrainian Rail Grain Transfers Surge: $21.5\%$ Daily Volume Increase Across Western Borders
Key Takeaways Ukrainian rail grain transfers increased across all western border crossings over the past week. Total daily transfer volumes for grain and meal rose by 21.5% as of November 26, compared to late October levels. Market Update Ukrzaliznytsia (Ukrainian Railways) reported a notable increase in the transfer of grain cargo via rail to neighboring…
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Kazakhstan Rail Freight Congestion Worsens in 2023
Kazakhstan’s rail network faces intensified congestion, with over 2,500 private wagons idle for more than 10 days this month. Station capacity and train movement are severely constrained, especially affecting grain freight handlers. KTZ urges shippers to promptly clear wagons, as the bottleneck extends logistical challenges for exporters. Prolonged congestion poses a bearish risk for local…