FAO/GIEWS - Food Outlook May/June 1997 Appendix Table A.9

FAO/GIEWS - Food Outlook May/June 1997 Table A.9

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
1996 - May	11.00	30.00	13.00	20.00	42.00	27.00	34.50
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	13.65	15.50	16.00	20.00	-	27.00	28.00
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	30.00
May	10.50	15.50	11.75	20.00	-	27.00	29.00

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.