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Grains & Dry Bulk · Indicative Freight Rate

Russian Black Sea to Iran Grain Freight Rates

The latest indicative rate is$64.00/mt for 18 July 2026, Panamax. Weekly history is below.

Latest freight rate

Latest rate
$64.00USD/mt
Assessment date
18 July 2026
Weekly snapshot · not a live quote
Parcel / vessel
Panamax
Russia → Iran

What This Rate Measures

Indicative weekly voyage freight rate for grain from Russia to Iran, Panamax vessels, 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.
  • Iran receives grain through Gulf ports (Bandar Imam Khomeini, Bandar Abbas).
  • The source states the vessel class (Panamax) rather than a tonnage for this route; the tonnage actually carried is not published.

Known terms (as published)

  • Origin: Russia
  • Destination: Iran
  • Cargo: Grain
  • Vessel class: Panamax (tonnage not published)
  • 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 19 loaded weekly observations. A different origin or lot size is a different page.

DateRateWeekly change (published)Trend
18 Jul 2026$64.00
11 Jul 2026$64.00
4 Jul 2026$64.00
27 Jun 2026$64.00
20 Jun 2026$64.00
13 Jun 2026$64.00
6 Jun 2026$64.00
30 May 2026$64.00
22 May 2026$64.00
16 May 2026$64.00
9 May 2026$64.00
2 May 2026$64.00
25 Apr 2026$64.00
18 Apr 2026$64.00
28 Feb 2026$42.00
21 Feb 2026$42.00
14 Feb 2026$42.00
7 Feb 2026$42.00
31 Jan 2026$42.00

Computed Summary

Calculated by CommodityScope from the loaded weekly readings only. Each statement names its period and method.

  1. The latest rate of $64.00/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).

  2. It is equal to the average for June 2026, the most recent completed month (4 observations).

    Method: Arithmetic mean of the published weekly midpoints in June 2026. Partial months are excluded from this comparison.

  3. Over the loaded history (31 Jan 2026 – 18 Jul 2026), the highest rate was $64.00/mt on 18 Apr 2026 and the lowest was $42.00/mt on 31 Jan 2026.

    Method: Minimum and maximum of the published rate over the loaded history (31 Jan 2026 – 18 Jul 2026, 19 observations). This is not an all-time record.

Monthly Russia–Iran, Panamax Averages

Average, minimum and maximum of published weekly rates in each calendar month. Incomplete latest months are marked month to date.

MonthAverageMinMaxObservations
July 2026Month to date64.0064.0064.003
June 202664.0064.0064.004
May 202664.0064.0064.005
April 202664.0064.0064.002
February 202642.0042.0042.004
January 202642.0042.0042.001

Comparable Routes, Explained

  • Argentina to Iran Grain Freight Rates

    Same destination from Argentina with the same vessel class; the gap reflects voyage distance and origin-side conditions.

    $61.00 USD/mt · 28 Feb 2026 · different assessment dates — no difference shown

  • Brazil to Iran Grain Freight Rates

    Same destination from Brazil with the same vessel class; the gap reflects voyage distance and origin-side conditions.

    $61.00 USD/mt · 28 Feb 2026 · different assessment dates — no difference shown

  • Ukrainian Black Sea to Iran Grain Freight Rates

    Same destination from Ukraine with the same vessel class; the gap reflects voyage distance and origin-side conditions.

    $72.00 USD/mt · 18 Jul 2026 · difference (this − other) -8.00

  • 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

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

Numbers: loaded editions. Computed statistics: CommodityScope, from the loaded history (methodology).