“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a surge in imports in the first half of the year....
https://www.hellenicshippingnews.com/bimco-grain-shipments-to-china-drop-51-amid-low-demand/