Ukrainian Trade Union Lowers Harvest Forecast/24
Ukraine’s grain traders union UGA has cut its forecast for Ukraine’s 2024 combined grain and oilseed crop by 2.8 million metric tons to 71.8 million tons due to a heat wave, the union said on Wednesday. The UGA also said the 2024 crop could include […]
Increase in maritime freight and its impacts on Foreign Trade
Recently, the international logistics sector has witnessed a significant increase in sea freight costs. Our after-sales assistants from the Soft Oils unit, Joana Vitória and Eduarda Goulart, explain the causes and consequences of the General Rates Increase, the adjustment of sea freight rates. The General Rates Increase, or GRI, refers to an adjustment made by companies […]