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China Merchants Port pricing power may strengthen on tight capacity

DBS Group Research says China Merchants Port’s pricing power could benefit from tight capacity at key Chinese terminals, with terminals close to full utilization and supporting favorable tariff negotiations.

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DBS Group Research analysts said China Merchants Port’s pricing power could be strengthened by tight capacity at key terminals. The Chinese port operator’s terminals in China are close to being fully used. Tight capacity at Chinese ports could support favorable tariff negotiations from 20…