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Strong soyabean trade supports dry bulk market

Shipping association BIMCO notes how a strong start to the soyabean season in the US is supporting the dry bulk market, with record volumes moving to China

In the first seven weeks of the US marketing year, soyabean exports to China amounted to 8.2m tonnes, according to BIMCO. That represents 72% of all US soyabean exports over the period

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