FAO/GIEWS - Food Outlook 97/01

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Table A.12 - 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






1991/92 11.40 29.11 18.13 28.50 44.11 20.75 28.03
1992/93 10.73 31.67 12.12 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
1996 - January 12.50 30.00 17.00 20.00 42.00 27.00 34.00
May 11.00 30.00 13.00 20.00 42.00 27.00 34.50
June 11.50 30.00 14.50 20.00 42.00 27.00 31.50
July 10.10 30.00 13.00 20.00 - 27.00 29.50
August 9.40 39.25 13.00 20.00 - 27.00 28.00
September 8.00 16.50 9.50 20.00 - 27.00 27.00
October 10.00 16.50 12.00 20.00 - 27.00 26.00
November 14.00 15.50 12.00 20.00 - 27.00 27.00
December 13.65 15.50 16.00 20.00 - 27.00 28.00
1997 - January 14.25 15.50 16.00 20.00 - 27.00 28.00

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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