During the past week, the activity of vessel chartering decreased

In turn, the decrease in chartering activity caused price fluctuations on the commodity market.

This is reported by Spike Brokers analysts.

Due to the limited supply of free tonnage, the owners of the furnaces were able to increase the freight rates by $1-2. At the same time, the owners of handy sizes, on the contrary, reduced their tariffs by $1.

Analysts also said that shipping rates from Danube ports to Turkey, Italy and Spain increased by $1.

Currently, the rates for shipping to Constanta remain consistently low.

Market rates of transportation from river ports:

• Izmail – Romania (1-3 thousand tons) — 10€

• Izmail – school. the coast of Italy (5-7 thousand tons) — $35-37

• Izmail – Turkey (5-6 thousand tons) — $28

Market rates of transportation from sea ports:

• Chornomorsk – Egypt (10 thousand tons) — $23-27

• Chornomorsk – east. the coast of Italy (30-35 thousand tons) — $23-25

• Chornomorsk – east. coast of Spain (25-30 thousand tons) — $24-27.

As previously reported by USM, the cargo flow in the Danube ports has decreased to a minimum.