FAO/GIEWS - Food Outlook No.5 - November 1999 p. 12

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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
/
( . . . . . . . . . . . . . . . . . US$/tonne . . . . . . . . . . . . . . . )
July/June
             
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
1996/97
11.00
18.85
12.77
20.00
-
27.00
28.29
1997/98
9.60
18.1.0
11.70
20.17
-
27.00
28.00
1998/99
9.42
25.45
9.25
18.75
-
27.00
29.17
1998 - October
8.00
22.00
8.00
20.00
-
27.00
28.00
1999 - March
9.00
22.00
10.00
18.50
-
27.00
30.00
April
9.50
n.q.
10.00
18.50
-
27.00
30.00
May
14.75
40.97
12.00
18.50
-
27.00
30.00
June
14.75
40.97
11.00
18.50
-
27.00
30.00
July
14.75
40.97
11.00
18.50
-
27.00
30.00
August
14.75
40.97
12.10
18.50
-
27.00
31.00
September
12.00
40.97
17.50
18.50
-
27.00
31.50
October
12.00
40.97
12.75
18.50
-
27.00
32.00
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.

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