FAO/GIEWS - Food Outlook, November 1997 Table12

FAO/GIEWS - Food Outlook, November 1997

Table A.9 - OCEAN FREIGHT RATES FOR WHEAT

	From U.S. Gulf ports to:					From North Pacific ports to:
	Rotterdam 1/	CIS Black Sea 1/ 2/	Egypt (Alexandria) 1/	Bangladesh 1/	East Africa Sudan 1	China 1/	Japan 1/
	( . . . . . . . . . . . . . . . U.S.$/ton . . . . . . . . . . . . . . )
July/June
1992/93	10.73	31.67	23.00	23.00	44.55	20.94	27.71
1993/94	10.40	38.41	15.05	21.50	54.66	20.91	29.20
1994/95	15.25	30.46	18.74	23.75	39.65	22.29	32.46
1995/96	12.95	30.00	16.83	21.67	41.65	25.94	35.00
1995/96	11.00	18.85	12.77	20.00	-	27.00	28.29
1996 - October	10.00	16.50	12.00	20.00	-	27.00	26.00
1997 - February	11.00	15.50	14.00	20.00	-	27.00	30.00
March	11.00	15.50	13.00	20.00	-	27.00	30.00
April	10.50	15.50	13.00	20.00	-	27.00	29.00
May	10.50	15.50	11.75	20.00	-	27.00	27.00
June	11.00	15.50	12.50	20.00	-	27.00	27.00
July	11.00	15.50	15.50	20.00	-	27.00	27.00
August	11.75	15.50	13.75	20.00	-	27.00	27.00
September	10.00	15.25	13.00	20.00	-	27.00	28.50

SOURCE: International Grain Council
Note: Estimated mid-month rates based on current chartering practices for vessels ready to load three to four weeks ahead.
1/ Size of vessels: Rotterdam over 50 000 tons; CIS 20-40 000 tons; Egypt over 30 000 tons; Bangladesh 20-40 000 tons; East Africa 15-25 000 tons; China 20-30 000 tons; Japan 15-24 999 tons.
2/ Excludes CIS and U.S. flag vessels.