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Sanctions Hitting Urals Loadings December


According to traders' data and calculations made by Reuters, Russian Urals exports from Baltic Sea ports will probably fall to around 5 million tonnes this month from 6 million tonnes in November.

  • Some estimates are as low as 4.7 million tonnes.
  • The impact of the sanctions on Urals loadings from Russia's Baltic ports has been aggravated by a shortage of non-western tonnage, a weak export economy and moderate demand for the grade in Asia.
  • |Bulgaria, China, India and Turkey were the only countries willing to buy Urals in December.

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