Trade war sees ethanol taking slow boat to China
In response to the ongoing Sino-US trade spat, which has affected imports of ethanol among other products, exports from the US are apparently finding creative ways to reach China. Shipping movements show that countries such as Malaysia and Indonesia are re-exporting the product to China to circumvent the duties
The trend, which now appears to be much more than a short-term stop-gap solution, will lead to the diversion of US exports and create new opportunities for chemical tanker owners further down the supply chain
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