Testimonials

RW Freight Services dealt with my export to Finland and the service I received was great. The goods were collected quickly after the booking was made and all the goods fitted on the lorry without any problems.

Export Freight to Finland
74475

Service improved, great, we are kept well informed with a regular advice of all imports so we know what we are getting and when!

Import Customer
47228

Very happy with the service that RW Freight provided. They collected on time and we have no complaints.

Austrian Exports
45757

More Testimonials

air freight Australia Brexit Canada cargo China container containers 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 U.S.A 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.