Ukraine export corridors in 2025. Competition for margins and export logistics in 2026. Forecast
Grain delivery by rail in 2025 decreased significantly compared to 2024. Rail logistics will increasingly depend on the risk of disruptions of ports and port infrastructure.
In 2025, the market increasingly focused on optimizing transshipment risks at POC Black Sea ports. The key risks for exporters’ margins in 2026, are cargo turnaround time and downtime. The cost of grain delivery to ports is less important factor, for example, a decline in turnover could sharply reduce the premium/spread.
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