Russia. From October 01 discount for grain shipping for export is introduced

11.10.2017

In order to attract additional volumes of cargo, the board of Russian Railways decided to introduce a 10.3% discount for export deliveries from 7 regions: Voronezh, Orlov, Tambov, Orenburg, Saratov, Novosibirsk, Omsk regions through Russian ports by their own rolling stocks and containers beginning from October 01, 2017, reports UkrAgroConsult.

According to the received data, this list can be extended with Kursk, Lipetsk, Samara, Penza and Ulyanovsk. All cereals are subject to the discount. This discount will be valid until June 30, 2018. It should be noted, that in January-August 2017, 12.5 MMT of grain was sent from stations of Russian Railways (+10.7% to the same period last year), including 6.4 MMT (+23.8%) for export. The bulk of exports falls on ports of the South of Russia and mainly on Novorossiysk, which share in the structure of all grain exports has exceeded 50%.

 

UkrAgroConsult

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