Dry bulk: Panamaxes set for firm Q1 on Chinese grains demand">Dry bulk: Panamaxes set for firm Q1 on Chinese grains demand
The Atlantic Panamax market is set for a firm start of 2018, on sustained grains demand from China and expected high exports volumes from S America and the US. According to the IGC, 2018 will see global soybeans imports rise by 4% to 153 mil mt, led by the Chinese appetite which is expected to account for more than 60% of the total exports.
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