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Rostov Sea Multimodal Port has launched phase one of a grain terminal at Rostov-on-Don on the Russian side of the Sea of Azov. The terminal adds export handling capacity in the Azov basin.
Extra grain handling capacity in the Azov region adds to Russian export logistics and marginally increases the wheat supply available to world buyers.
worldcargonews.comWCN EditorialMay 1, 2021After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% 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.
