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Jul 05, 2018

Loading of grain for export to the railways of Russian Railways almost doubled in 1H2018

 

Loading of grain in January-June 2018 on the network of Russian Railways exceeded 14.4 million tons, 55.1% more than in the same period in 2017. At the same time, more than 8.9 million tons of grain were shipped for export, a big jump of 92%.

The highest volumes of grain loaded in the first half of the year were recorded in the oblasts (regions) of Saratov (1.3 million tons, up by a factor of 2.7), Kursk (1.15 million tons, up by 48.1%), Tambov (977,600 tons, an increase of 95.9%), Volgograd (936,200 tons, an increase of 2.1 times), Voronezh (779,000 tons, up 79.9%).

In addition, exceptional growth during the first six months of 2018 was recorded in such fertile regions as the Republic of Bashkortostan, which shot up eightfold to 262,800 tons, the Republic of Tatarstan, where output increased by 3.3 times to 327,600 tons, Orenburg, also up by a factor of 3.3 to 691,700 tons, Samara, which increased by a factor of 3.2 to 414,200 tons, Ulyanovsk, up 2.9 times to 210,500 tons, Novosibirsk, which saw growth of 2.7 times to 386,400 tons, Ryazan, growth of 2.4 times to 248,800 tons and Penza, which recorded 2.2 times growth to 500,000 tons.

In order to attract additional freight volumes, the Company's board decided to establish a decreasing coefficient of 0.929. In other words, it offers a 7.1% discount on the tariffs for grain exports from the stations located in the Voronezh, Orel, Tambov, Orenburg, Saratov, Novosibirsk, Omsk, Kursk, Lipetsk, Penza, Samara, Ulyanovsk and Kurgan regions through Russian ports in their own rolling stock and containers.

Falling under the discount are wheat, rye, oats, barley, corn, rice, buckwheat, beans, peas, beans and other grains. The discount is valid until 31 December 2018 inclusive.

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