Support The Moscow Times!

Traders Fear Export Curbs

Grain traders may hesitate to sign new export agreements on concern that a drought might spur the government to curb outbound shipments, SovEcon said Thursday.

“Most likely grain traders, especially those representing international grain companies, will be reluctant to enter new contracts on fears of possible export restrictions,” the research center said on its web site.

The timing of the start of the tenders may signal tight domestic supplies, SovEcon said. Concern that export curbs might accompany the sales is “legitimate,” it said. 

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.