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Asia PP Daily: A 'double-decker' hike of crude and freight costs shuts the export window from ChinaChina's early-week price surge began unwinding into the weekend, but a compounding “double-decker” of crude-led gains and surging freight costs has pushed China's export offers into Indonesia up and stretched shipping lead times, effectively shutting the import window even as Vietnam's reopened market and Malaysia's delayed cargoes point to a structurally higher price floor that may outlast the current geopolitical tension. |
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