Chinese tariffs on US soyabeans may slow dry bulker recovery
Tariffs may slash Chinese imports of US soyabeans by about 70%, according to a report commissioned by the US Soybean Export Council, while China-based SWS Research expected overall dry bulk demand growth to fall to 2.3% from 2.7% this year if Beijing validates the tariffs.
Panamax and handysize dry bulkers will be under strain, says SWS Research