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Black Sea shipping turmoil impacts wheat market, exacerbating inflation risks
The conflict between Russia and Ukraine has disrupted crucial grain shipments in the Black Sea region, forcing buyers to scramble for alternative supplies and further amplifying global inflation risks. The CEO of a Vietnamese flour company stated that four previously secured shipments of Black Sea wheat could not be delivered due to the escalating conflict, and they are urgently seeking alternative sources.
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Source：彭博市场 · Source Link
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