January 8th – Rosario Commercial Exchange

January 8th - Rosario Commercial Exchange
January 8th 2024

Rosario Commercial Exchange


National Holiday: Monday and Tuesday February 20th and 21st, 2024 (Carnival)


Grains and Markets:

Iran (SLAL) is still negotiating 200,000 tons of soya bean meal spot (January-February) dates.

Indonesia is asking for a Supramax of soya beans on April dates.

South Korea’s MFG bought a Panamax (68,000 tons) of maize April dates. Source unreported.

Other South Koreans are also reported to be in the market for similar volumes.

Chileans are also looking for a Supramax of maize during March.

Algerians are tendering for a further 120,000 tons of maize February-March, previous tender was sourced from Plate.


Rosario Commercial Exchange projection of Agri exports for 2024:

The Rosario Commercial Exchange has prepared the following table with projected exports from Argentina during 2024.


World position       Product        Projection 2023-2024

First             Soya bean oil      4,700,000 tons

First             Soya bean meal    27,200,000 tons

Third             Sorghum              950,000 tons

Second            Maize             40,000,000 tons

Third             Soya beans         7,600,000 tons

Third             Sunflower meal     1,100,000 tons

Fourth            Sunflower oil      1,000,000 tons

Ninth             Biodiesel            900,000 tons

Seventh           Wheat              9,500,000 tons



Bunker deliveries at Zona Comun:


As always, the STS operation is up to the discretion of the Master’s of the vessels involved.


Will keep you posted.

Best regards,

Antares Servicios Maritimos S.A.

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