Fast-rising costs for container freight on a number of major shipping routes are causing disruption in trade flows for minerals and metals alike, sources told Fastmarkets on Thursday November 12. The combination of fewer vessels on the water, an imbalance in trade flows to and from China, along with competition between cargoes, has kickstarted a rapid increase in shipping costs, making it harder for sellers to offer and for buyers to assess final prices. One of the main routes affected by the disruption is the China to Europe sea route for container freight.
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