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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

  • Analysis

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

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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