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Agriculture and Food |
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| Saturday, August 30, 2008 06:00:27 |
Edible oil prices could fall in second half
China’s edible oil prices are likely to decline in the second half of the year as China liftes edible oil supplies by 710,000 tons, an unnamed official with the National Grain and Oil Information Center (NGOIC) told the China Securities Journal. The source said the additonal supply will come from increased domestic production of oil-producing crops and additional imports. He added that 1.6 million tons of ...
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