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Kerch Strait closed to vessels until Nov 30 by stormy Black Sea weather

November 24, 2023 Comments Off

Grain traders have stopped their negotiations to sell from the port of Kavkaz amid the news that the Kerch Strait will be closed until Nov. 30 due to another storm in the region, multiple market participants told S&P Global Commodity Insights Nov. 24. Local weather forecasts are for wind gusts to reach in excess of 40 mph over Nov. 26…