[Goldman Sachs: Diverting Black Sea grain exports makes it difficult to solve transportation bottlenecks, and the risk of rising global grain prices continues] On October 14, Goldman Sachs’ latest research report pointed out that with the increase in attacks on Black Sea export ports and merchant ships, global grain transportation continues to be impacted. Since the beginning of July, wheat and corn prices have increased by about 12% and 15% respectively. Russia and Ukraine together account for about 30% and 16% of global wheat and corn exports, of which Ukraine accounts for 8% and 14% respectively. The obstruction of the Black Sea shipping lane has a significant impact on the international grain market. Faced with the inability of many ports in the northern Black Sea to operate normally, Russia and Ukraine are looking for alternative routes. Goldman Sachs pointed out that Mediterranean and Middle Eastern food importing countries such as Egypt and Türkiye have been particularly affected. These markets rely on bulk shipping from deep-water ports on the Black Sea, and the Polish railway and alternative Baltic routes are less efficient, raising transportation and landing costs and potentially exacerbating food inflation.