Baltic ports increased shipping rates by 65% within a month.
According to analysts, rates in the Northwest rose to $15-25 per ton. For major carriers, freight rates have risen $5 since September, to $15 a ton. For small shipments directed from the south, they charge $20-25.
In October, the average tariff for transporting coal in the Baltic ports reached the maximum since April 2024, as calculated by the research center. In general, analysts estimate the increase in rates compared to September at 8-9 dollars per ton, while in July the increase was 9-13 dollars.
The flow of coal can be seen from the supply statistics for Ost-Luga:.
From Khaxia - 172.2 thousand tons, 50.7% more than August and 105.8% more than September a year ago.
From Kozbas – 2.02 million tons, 2.5% less than August, but 29% more year-on-year.
But estimates of profitability differ. According to Kommersant's source, almost all the coal from the northwestern ports goes to Turkey, and the supply, given the increased cost of logistics, is no longer profitable.
Other analysts believe that major exporters can still withstand an increase in transfer costs of $5-10 per ton. But further price reductions will mainly hurt energy coal suppliers.