Series detail

Black Sea to China Grain Freight Rate

Panamax · 35 weekly scans · 3 January 2026 to 12 September 2026.

Latest mid
95 USD/MT · as of 12 September 2026
Archive updated
15 Sep 2026 · 06:38 UTC
← Full portfolio Freight rates Latest board Request firm offer

Indicative weekly mids, not a confirmed trade. Firm stems on request.

Current mid
95 USD/MT
As of
12 Sep 2026
Archive range
42 – 95
Weekly scans
35

Black Sea–China Grain Freight Rate — Latest Range

As of 12 September 2026 the archived mid for Black Sea → China, Panamax, is 95 USD/MT, up 10 from the previous weekly scan.

The archive range on this page is 42–95 USD/MT across 35 weekly scans from 3 January 2026 to 12 September 2026.

The previous print was 85 USD/MT on 5 September 2026.

The first archived mid on this series is 46 USD/MT on 3 January 2026.

The source printed $95 Russia; Mid is the midpoint of those figures.

Figures are indicative weekly mids for RFQ context.

Black Sea–China Freight Rate History — Weekly USD/MT

DateMidWeek ΔUnit
12 Sep 202695+10USD/MT
5 Sep 202685+5USD/MT
29 Aug 202680+5USD/MT
22 Aug 2026750stableUSD/MT
15 Aug 202675+7USD/MT
8 Aug 202668+6USD/MT
1 Aug 202662+5USD/MT
25 Jul 202657+4USD/MT
18 Jul 202653+6USD/MT
11 Jul 2026470stableUSD/MT
4 Jul 2026470stableUSD/MT
27 Jun 2026470stableUSD/MT
20 Jun 2026470stableUSD/MT
13 Jun 2026470stableUSD/MT
6 Jun 2026470stableUSD/MT
30 May 2026470stableUSD/MT
16 May 202647-1USD/MT
9 May 2026480stableUSD/MT
2 May 202648-7USD/MT
25 Apr 202655+5USD/MT
18 Apr 2026500stableUSD/MT
11 Apr 2026500stableUSD/MT
4 Apr 2026500stableUSD/MT
28 Mar 2026500stableUSD/MT
21 Mar 2026500stableUSD/MT
14 Mar 202650+5USD/MT
7 Mar 202645+3USD/MT
28 Feb 202642-2USD/MT
21 Feb 202644+2USD/MT
14 Feb 2026420stableUSD/MT
7 Feb 2026420stableUSD/MT
31 Jan 2026420stableUSD/MT
24 Jan 202642-3USD/MT
17 Jan 202645-1USD/MT
3 Jan 202646—USD/MT

Reading the Black Sea–China freight series

Black Sea to China is the longest corridor on the board: a Panamax voyage through Suez and the Indian Ocean of roughly a month. Corn, barley and wheat all move on it in some seasons, but it competes with much shorter hauls from Australia, Brazil and the US Pacific coast.

The rate rose from 42 to 80 USD/MT (+38). Low was the first print, high the final print on 29 August. This corridor also shows the only meaningful decline on the freight board — a 7-dollar fall on 2 May — before the summer rise.

China and Bangladesh printed the same start and end levels, though they drifted up to 10 dollars apart in between; Indonesia started 11 dollars higher and finished 2 higher — three Far-East Panamax destinations on the same trunk route.

Related on this site: US PNW corn series and Black Sea–Indonesia freight.