China's move on US soyabeans is a relief for dry bulk market
Concrete agreements by Chinese state-owned companies to buy US soyabeans once again will be a relief to the dry bulk market, analysts say. But the reduction in overall volumes between the two countries this year has been drastic as a result of the trade wars
Total purchases by China from the US are expected at 1.5m tonnes for now, and volumes could rise to about 3m tonnes, sources tell Reuters news agency
If content does not display, please refresh your browser.
Subscribe
Not ready to subscribe? Sign up for free articles and daily news updates.
Sign Up For Updates