Russia. Grain loading for exports by rail increased by 73%

15.05.2018

Within January-April 2018, grain loading for exports by railway networks of Russian Railways increased by 73%, compared to same period last year - to 6.3 MMT. During this period, grain loading increased by 45.5% - to more than 9.8 MMT on Russian Railways’ network.

Saratov (907.6 KMT, +180%), Kursk (737.6 KMT, +32.5%), Tambov (698.6 KMT, +84.3 %), Volgograd (690 KMT, +120%) regions appeared to be the leaders in terms of grain loading, reports UkrAgroConsult.

As a reminder, Russian Railways set a decreasing coefficient at 0.897 (10.3% discount) to tariffs for grain exports to raise additional cargo volumes from stations located within 13 regions through Russian ports by its own rolling stock and containers.

Russia increases limits for preferential grain transportation by rail from Siberia

According to Russian Ministry of Agriculture, as of April 27, 878 applications for preferential grain transportation had been received from JSC Russian Railways. By the reporting date it had been agreed to deliver about 1.79 MMT of grain at the preferential tariff for total subsidies amount at RUB 1.7 billion (25 965 hoppers), including 163.1 KMT from Novosibirsk region and 217.6 KMT from Omsk region.

As previously reported, subsidy limits for transportation from Omsk and Novosibirsk regions were 100% reached. With a view to their adjustment, on April 25, Russian Government adopted the Decree #502 prepared by the Federal Ministry of Agriculture to compensate Russian Railways for losses in revenues arising from establishment of preferential tariffs for grain transportation. According to the resolution, subsidies for preferential transportation of 100 KMT and 150 KMT grain were added to limits of Novosibirsk and Omsk regions, respectively.

 

UkrAgroConsult

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