Despite the very end of grain season and the shortage of grain cargoes, sea-river rates ex Azov Sea stay at record-high levels as for late June. The market is driven by quite lively coal traffic:
Thus, charterers are ready to pay mid-high $50s/t for transportation of 3,000 t of coal from Rostov/Azov to Bulgaria bss 1/1 (equivalent to 5k daily bss RV with AWRP on owner's acct and 8.5k daily with no AWRP required) ;
Owners are seeking to get $46/t for shipment of 3,000 t of coal from Rostov to the Marmara Sea, while charterers target low $40s/t;
Carrying 5,000 t of coal from Yeisk to TBS with 2,000c/2,000x l/d rates is estimated by ISM at $40/t;
Charterers offer $120-125/t for transportation of 5,000 t of coal from Rostov to Algeria, while owners are seeking to get close to $150/t (equivalent to extremely strong $12k daily vs. $15.7k daily bss RV with AWRP on owner's acct).
As for grain traffic:
Charterers offer $42/t for shipment of 5,000 t of wheat from Azov to Poti;
Other traders are ready to pay $44-45/t for transportation of 3,000 t of wheat from Yeisk to the Marmara Sea, while even the owners of non-averaged IACS vessels are ready to fix at $47-48/t (equivalent to $3.2k daily vs $3.8k daily bss RV with AWRP on owner's acct and $4.8k daily vs $5.4k daily with no AWRP required);
Wheat bran (sf 54-55`) is offered for shipment from Rostov to the Marmara Sea at mere $42-43/t;
The deal for transportation of 3,000 t of wheat from Rostov to Mersin is negotiated at low-mid $60s/t.
Note that most traders already wait for the new grain season, being ready for higher rates and expecting record hike in grain prices despite the upcoming repeal of all quotas and limits. Not many forward deals are being negotiated so far, but most charterers are ready to pay $50-52/t for shipments in 1H July, while some owners are seeking to get closer to $60/t.
As for other cargoes, transportation of 3,000 t of scrap from Rostov to Izmir is estimated by ISM at high $50s/t.