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Chinese ginger offers begin to decline sharply

CHINA is reported to have cut the price of its green ginger to $1,400 a tonne from levels of around $1,750 a tonne a fortnight ago.

Prices had been firm of late due to predictions of a smaller crop, but exporters now expect Chinese production to reach between 15,000 and 20,000 tonnes this season, which is quite a good size, prompting prices to ease...READ MORE

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