Russia is processing grain transit through China due to problems in the Black Sea

Russian grain exporters are working on the possibility of grain transit through China due to logistics restrictions in the Azov-Black Sea basin.

This was reported by rosZMI with reference to the executive director of the Russian Grain Association Ksenia Bolomatova.

According to her, the Russian side considers Chinese ports as platforms for further grain exports to third countries.

Bolomatova noted that the Baltic ports allow for deliveries to traditional markets for Russia – the Middle East, Turkey and North Africa. At the same time, delivery to some Asian countries, in particular Indonesia, via the Baltic is more difficult and more expensive.

In this regard, Russia plans to develop grain terminals in the Far East. According to Bolomatova, more than ten terminals with experience in grain transshipment operate there, and some of them are increasing their capacities.

In particular, a deep-water berth is being put into operation at the port of Slavyanka. The Grain Association of the Russian Federation estimates that transshipment there could reach 200,000 tons per month.

Also among the alternative routes is the Caspian Sea, through which the Russian Federation can supply grain to Iran. According to the representative of the association, part of the fleet has already been transferred to the Caspian direction.

The association also stated that other exporting countries will allegedly not be able to fully compensate for the possible reduction in Russian supplies. According to Bolomatova, grain prices have already increased by about 30%.

Earlier, USM reported that Lithuania would propose to the EU to ban the transit of Russian grain.