Exporters fret over surging freight rates, delays at ports

Mohit Agarwal, director at Asian Tea & Exports, said freight rates to places like Iran and Kazakhstan have gone up by $500-1,000 per container over the last 10 days. "We do not know what is driving this fresh surge in freight rates," he said. "The consignments are lying at the ports for a month or more at times."

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