Grains & Dry Bulk · Indicative Freight Rate
Russian Black Sea to Turkey (Izmir) Grain Freight Rates
The latest indicative rate is$26.00/mt for 18 July 2026, 5kt, unchanged from the previous weekly reading. Weekly history is below.
Latest freight rate
What This Rate Measures
Indicative weekly voyage freight rate for grain from Russia to Turkey (Izmir), 5,000 mt lots, in USD/mt.
Dry-bulk grain voyage rates: Indicative weekly voyage freight rates for grain cargoes from a named loading area to a named discharge area, for a stated lot size (e.g. 30,000 mt or 40/50,000 mt). Each origin, destination and lot size is a separate route page.
- Russian grain loads mainly from deep-water Black Sea ports (Novorossiysk, Taman, Tuapse); coaster lots load from shallow-water Azov ports.
- Turkey receives grain through Marmara, Aegean and Black Sea ports.
- A 5,000 mt coaster stem: small vessels that can load at shallow-water ports; not comparable per tonne with handysize or panamax stems.
Known terms (as published)
- Origin: Russia
- Destination: Turkey (Izmir)
- Cargo: Grain
- Lot size: 5,000 mt
- Rate unit: USD/mt; weekly reading
Not published by the source
- Laycan
- Vessel identity
- Load/discharge terms
- Named berths
These terms are left blank rather than inferred.
Unit and cadence
- USD per metric tonne of cargo.
- Weekly reading — the change shown compares two weekly readings.
Weekly Grain Freight Rates
Last 25 loaded weekly observations. A different origin or lot size is a different page.
| Date | Rate | Weekly change (published) | Trend |
|---|---|---|---|
| 18 Jul 2026 | $26.00 | 0.00 | steady |
| 11 Jul 2026 | $26.00 | 0.00 | steady |
| 4 Jul 2026 | $26.00 | +2.00 | firm |
| 27 Jun 2026 | $24.00 | 0.00 | steady |
| 20 Jun 2026 | $24.00 | -2.00 | soft |
| 13 Jun 2026 | $26.00 | 0.00 | steady |
| 6 Jun 2026 | $26.00 | -2.00 | soft |
| 30 May 2026 | $28.00 | -5.00 | soft |
| 22 May 2026 | $34.00 | -4.00 | soft |
| 16 May 2026 | $34.00 | -4.00 | soft |
| 9 May 2026 | $38.00 | +3.00 | firm |
| 2 May 2026 | $35.00 | -6.00 | soft |
| 25 Apr 2026 | $41.00 | -6.00 | soft |
| 18 Apr 2026 | $47.00 | -4.00 | soft |
| 11 Apr 2026 | $51.00 | -2.00 | soft |
| 4 Apr 2026 | $53.00 | 0.00 | steady |
| 28 Mar 2026 | $53.00 | +1.00 | firm |
| 21 Mar 2026 | $52.00 | +3.00 | firm |
| 14 Mar 2026 | $49.00 | +3.00 | firm |
| 7 Mar 2026 | $46.00 | 0.00 | steady |
| 28 Feb 2026 | $46.00 | -5.00 | soft |
| 21 Feb 2026 | $51.00 | -1.00 | soft |
| 14 Feb 2026 | $52.00 | -1.00 | soft |
| 7 Feb 2026 | $53.00 | +5.00 | firm |
| 31 Jan 2026 | $48.00 | 0.00 | steady |
Computed Summary
Calculated by CommodityScope from the loaded weekly readings only. Each statement names its period and method.
The latest rate of $26.00/mt on 18 Jul 2026 is unchanged from the previous weekly assessment (11 Jul 2026).
Method: Computed by CommodityScope as the difference between the two most recent loaded weekly observations (7 calendar days apart).
It is 4.0% above the June 2026 average of $25.00/mt, the most recent completed month with 4 weekly observations.
Method: Arithmetic mean of the published weekly midpoints in June 2026. Partial months are excluded from this comparison.
Over the loaded history (31 Jan 2026 – 18 Jul 2026), the highest rate was $53.00/mt on 7 Feb 2026 and the lowest was $24.00/mt on 20 Jun 2026.
Method: Minimum and maximum of the published rate over the loaded history (31 Jan 2026 – 18 Jul 2026, 25 observations). This is not an all-time record.
Monthly Russia–Turkey (Izmir), 5kt Averages
Average, minimum and maximum of published weekly rates in each calendar month. Incomplete latest months are marked month to date.
| Month | Average | Min | Max | Observations |
|---|---|---|---|---|
| July 2026Month to date | 26.00 | 26.00 | 26.00 | 3 |
| June 2026 | 25.00 | 24.00 | 26.00 | 4 |
| May 2026 | 33.80 | 28.00 | 38.00 | 5 |
| April 2026 | 48.00 | 41.00 | 53.00 | 4 |
| March 2026 | 50.00 | 46.00 | 53.00 | 4 |
| February 2026 | 50.50 | 46.00 | 53.00 | 4 |
| January 2026 | 48.00 | 48.00 | 48.00 | 1 |
Comparable Routes, Explained
- Russian Black Sea to Bangladesh Grain Freight Rates
Same origin to Bangladesh; the gap reflects voyage distance.
$80.00 USD/mt · 5 Sep 2026 · different assessment dates — no difference shown
- Russian Black Sea to China Grain Freight Rates
Same origin to China; the gap reflects voyage distance.
$85.00 USD/mt · 5 Sep 2026 · different assessment dates — no difference shown
- Russian Black Sea to East Spain Grain Freight Rates
Same origin to East Spain; the gap reflects voyage distance.
$36.00 USD/mt · 5 Sep 2026 · different assessment dates — no difference shown
- Russian Black Sea to Egypt Grain Freight Rates
Same origin to Egypt; the gap reflects voyage distance.
$45.00 USD/mt · 18 Jul 2026 · difference (this − other) -19.00
Related Grain Freight Rates
- Russian Black Sea to Egypt Grain Freight Rates5kt · $45.00 USD/mt
- Russian Black Sea to Bangladesh Grain Freight RatesPanamax · $80.00 USD/mt
- Russian Black Sea to China Grain Freight RatesPanamax · $85.00 USD/mt
- Russian Black Sea to East Spain Grain Freight RatesPanamax · $36.00 USD/mt
- Russian Black Sea to Egypt Grain Freight Rates40–50kt · $80.00 USD/mt
- Russian Black Sea to Egypt Grain Freight Rates30kt · $80.00 USD/mt
- Russian Black Sea to Europe Grain Freight RatesPanamax · $42.00 USD/mt
- Russian Black Sea to Indonesia Grain Freight RatesPanamax · $85.00 USD/mt
What This Rate Represents
This is an indicative voyage rate from loaded grain-market editions, not a live fixture screen. Origin, destination, commodity and parcel size on this page are those published for this stem only. Russia and Ukraine, and 40–50kt versus 30kt lots, stay on separate URLs. Laycan, named berths and vessel identity are not inferred when the source does not publish them.
How to use
- Add the rate to the FOB grain price of the origin to approximate a delivered cost for that lot size.
- Compare routes to the same destination to see how origin distance and vessel size affect cost.
Not suitable for
- Fixing a vessel: no laycan, vessel name, terms (e.g. load/discharge rates) or demurrage are implied.
- Mixing lot sizes: a 30,000 mt coaster/handysize stem is not the same market as a 40/50,000 mt panamax stem.
Sources for the explanations on this page
- Loaded weekly grain & feed editions — route table as printed
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
Numbers: loaded editions. Computed statistics: CommodityScope, from the loaded history (methodology).