Key facts
- Drone attacks in the Black Sea are disrupting Ukrainian grain shipments to Asia.
- Indonesian and Bangladeshi buyers report wheat supplies have virtually stopped since summer.
- Prices for wheat have risen substantially due to the disruptions.
- Exporters are shifting to the inland Danube route, increasing freight times and prices.
Incessant drone attacks on merchant ships in the Black Black Sea are hitting Ukrainian grain shipments to Asia. Indonesian and Bangladeshi buyers reported that wheat supplies have virtually stopped since the summer, pushing prices substantially higher. Exporters are increasingly relying on the inland Danube route, which has extended freight times and raised costs.