Argentina's Transport Minister Alexis Guerrera announced that the government will begin charging a toll on the Paraná-Paraguay waterway section from Santa Fe northward. The details are to be defined the following week, and the toll mainly affects foreign shipping lines serving Paraguayan ports.
A new waterway toll raises river freight costs for Argentine grain and oilseed shipments moving north, which can widen the basis for exporters. The effect on prices is likely small until the fee level is known.
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