# On the 8th week freight rates in the Azov-Black Sea region began to decline - Sea Lines shipping

> Freight rates in the Azov-Black Sea region began to fall in the eighth week, with wheat shipments from the Azov Sea to the Marmara Sea contracted at about $30 per ton. The decline reflects fleet returning to the Sea of Azov after weather improved, ahead of a Russian export fee on wheat that takes effect March 1 and on corn from March 15.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/48488-on-the-8th-week-freight-rates-in-the-azov-black-sea-region-began-to-decline-sea
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Falling freight reduces the cost of moving Black Sea grain, while the upcoming export fees may prompt a rush of shipments before the deadlines.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- sealines.su: https://sealines.su/en/market-news/week-08-2021/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.