France grain flow // week 21

Brief summary:

- The total volume of grain departed from France has almost halved compared to the previous week;

- This week French grain export volumes are the 2nd lowest within the recent 3 months;

- The volume of grain enroute (at sea) has barely changed, staying at 5.87 million tons;

- The volume of grain at sea heading towards Egypt, Spain, Iran and the UAE has increased, while that towards Turkiye, Algeria, Yemen and China has shown some decline;

- However, Turkiye remains the most popular destination for grain enroute;

- The volume of discharged grain has risen from 1.42 to 1.65 million tons, while the number of discharged vessels has dropped from 95 to 88 over the week (since the main downturn fell on coasters and minibulkers, while the large-tonnage vessel count even increased);

- Italy, Algeria, Greece and Bangladesh are among the importers that have seen an upturn in discharged (imported) volumes.