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Barge charter rates in northern Europe have climbed as Germany moves coal by barge to power plants in anticipation of reduced Russian gas supplies. Some barges are also being repositioned on the Danube to move Ukrainian grain to the Black Sea, and low water adds constraints.
Higher inland barge costs in Europe raise the cost of moving grain and feed in the region, and Danube repositioning for Ukrainian grain signals tight barge capacity.
theloadstar.comAlexander WhitemanJul 21, 2022Not enough comparable past events yet for a historical read.
After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
