Testimonials

R W Freight respond very quickly in a professional manner and our shipments have been dealt with efficiently and without problems.

Freight Forwarding Customer 59734

The service we received from RW Freight was excellent

Sweden Groupage Importer
56506

RW Freight Services are always on time with their deliveries to me and keep me up to date with details if anything changes with the dates of shipment. Overall a good Freight Forwarder.

Import Freight
78635

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

Russian Wheat Exports Threatened by stronger Ruble

Tags: ,


A strong ruble is threatening to slow Russia’s wheat exports, as grain from Ukraine and European nations including France remains cheaper.

In May Russian wheat prices were more than $20 above French prices and about $6 more expensive than in Ukraine, according to Bloomberg calculations. The ruble gained over the past three months, making exports priced in dollars less attractive.
If the ruble doesn’t weaken, “exports are likely to fall sharply soon,” said Andrey Sizov Jr., managing director of Moscow-based SovEcon.
The pace of Russia’s wheat exports has been slowing for about a month now, data from Federal Customs Service showed. Exports rose about 310,000 tons in the week ended April 27, down from an increase of 540,000 tons in the seven-day period to March 30.