The weekly report on China's foreign trade oil tanker shipping market released by the Shanghai Shipping Exchange shows that global crude oil transport rates for VLCC tankers fluctuated upward, with VLCC shipping rates for China's imports soaring to high levels.
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April 9, the Shanghai Shipping Exchange released the China Import Crude Oil Composite Index (CTFI), which stood at 5601.36 points, up 21.4% compared to April 2.
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