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Chinese dried ginger shortages start biting

CHINESE dried ginger prices escalated by as much as $100 a tonne over the last few weeks of 2003 as supply shortages began to take their toll on the market.

Chinese dried ginger at $1,500 a tonne compared with around $1,400 a tonne in previous weeks. Earlier in the year, traders had predicted that prices would rise towards the end of 2003 following reports that flood damage would cause China's harvest to be much smaller than in previous years...READ MORE

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