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China's shipping costs at 18-month high

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The cost of shipping iron ore, coal and grains along China's coast rose to an 18-month high as surging imports of the commodities boost demand for vessels to redistribute them between the nation's ports - PHOTO: REUTERS

[LONDON] The cost of shipping iron ore, coal and grains along China's coast rose to an 18-month high as surging imports of the commodities boost demand for vessels to redistribute them between the nation's ports. The China Coastal Bulk Freight Index measuring the domestic shipping prices for

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