‘Tariffs and politics outweigh economics’ in soyabean skirmish
- China dominates demand but appears to hold most of the cards after ‘aggressively’ diversifying import base since first Trump presidency
- Lost tonne-miles shows vulnerability of dry bulk market to policy shocks, according to Allied QuantumSea
- Signal Ocean confirms September was first month of zero US soyabean arrivals at Chinese ports since 2018
US soyabean exports to China have cratered as the two governments renew trade wars
