Soyabean trade weakness persists
There was some hope in the dry bulk market for better news on the soyabean trade front this year. However, the weakness has persisted, given the ongoing trade tensions between the US and China, combined with swine flu, which has eliminated a vast number of pigs in China that relied on the commodity for feed
Clarksons expects no growth this year in soyabean trade, with a 4% rise predicted in 2020