Series detail

Black Sea to Iran Grain Freight Rate

Panamax · 19 weekly scans · 31 January 2026 to 18 July 2026.

Latest mid
64 USD/MT · as of 18 July 2026
Archive updated
25 Sep 2026 · 19:54 UTC
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Indicative weekly mids, not a confirmed trade. Firm stems on request.

Current mid
64 USD/MT
As of
18 Jul 2026
Archive range
42 – 64
Weekly scans
19

Black Sea–Iran Grain Freight Rate — Latest Range

As of 18 July 2026 the archived mid for Black Sea → Iran, Panamax, is 64 USD/MT, unchanged versus the previous weekly scan.

The archive range on this page is 42–64 USD/MT across 19 weekly scans from 31 January 2026 to 18 July 2026.

The previous print was 64 USD/MT on 11 July 2026.

The first archived mid on this series is 42 USD/MT on 31 January 2026.

Figures are indicative weekly mids for RFQ context.

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

DateMidWeek ΔUnit
18 Jul 2026640stableUSD/MT
11 Jul 2026640stableUSD/MT
4 Jul 2026640stableUSD/MT
27 Jun 2026640stableUSD/MT
20 Jun 2026640stableUSD/MT
13 Jun 2026640stableUSD/MT
6 Jun 2026640stableUSD/MT
30 May 2026640stableUSD/MT
22 May 2026640stableUSD/MT
16 May 2026640stableUSD/MT
9 May 2026640stableUSD/MT
2 May 2026640stableUSD/MT
25 Apr 2026640stableUSD/MT
18 Apr 202664+22USD/MT
28 Feb 2026420stableUSD/MT
21 Feb 2026420stableUSD/MT
14 Feb 2026420stableUSD/MT
7 Feb 2026420stableUSD/MT
31 Jan 202642—USD/MT

Reading the Black Sea–Iran freight series

This is the deep-sea Panamax rate from the Black Sea through the Suez Canal to Iran's southern ports, principally Bandar Imam Khomeini and Bandar Abbas. It is a separate market from the Caspian short-sea route out of Astrakhan and Makhachkala, which moves in small vessels and is not on this board.

The series has 19 scans and the last print is 18 July 2026 — the source has not carried the route since. Between 31 January and 18 July the rate rose from 42 to 64 USD/MT; the high of 64 was first set on 18 April, in a week that added 22 dollars, and the rate stayed there.

Treat the level as a mid-July reference only. For current Iranian business, the Caspian corridor and a fresh Panamax indication should both be checked.

Related on this site: Caspian wheat route and Iran market page.