Source: Ukragroconsult (Ukraine)
On October 11, 2024, a closed meeting of Russian grain exporters was held, at which 13 countries were identified to which Russian grain and grain products are to be exported without foreign intermediaries: Egypt, Tunisia, Algeria, Morocco, Jordan, Saudi Arabia, Bangladesh, South Korea, Pakistan and India.
It was also decided to exclude foreign intermediaries from the supply chains for Russian wheat and other grain products.
The Russian Ministry of Agriculture advised exporters not to sell wheat in tenders at prices below 250 US dollars per ton FOB.
The Association of Grain Exporters announced export prices for wheat FOB Novorossiysk at USD 240 per ton for October, USD 245 per ton for November and USD 250 per ton for December.
As of October 23, the export duty for Russian wheat will be 2131.2 rubles/ton.