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Kommersant: Imports from the East came through the North-West

Container transportation from the seaports of the Northwestern Federal District, which collapsed abruptly after a special operation on Ukraine, continue to recover. In the first two months of this year, this value increased by 121%, despite the fact that February was still 28% behind the 2021 monthly average. This is reported by “Kommersant”

According to the point of view of market participants, the increase in transportation is caused by both the emergence of a sufficient number of maritime services in Saint Petersburg, and by equalizing the price of container transportation between the Far East and the North-West. The resulting obstacles to the passage of containers along railway lines in an eastern direction also had an impact, which provoked an outflow of export cargo along another route.

Earlier it was reported that China could increase purchases of Russian oil in March to a record 1.7 million barrels per day through the purchase of premium Sokol and ESPO raw materials. Such actions have intensified due to India’s decision to abandon purchases due to fears of US sanctions. More about this read the material Public News Service.

Message Kommersant: Imports from the East came through the North-West appeared first on Public news service.

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