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Commodity price mechanism urged

Posted on 09 November 2011

Vice Premier Li Keqiang on Monday urged the international community to promote the formation of long-term, stable and predictable commodity supply and demand relations and a reasonable price mechanism. Li made the appeal while meeting with a group of ministers in charge of energy and resources from 18 countries.
Facing drastic fluctuations of international commodity prices as well as shifts in market supply and demand, countries involved should enhance coordination to curb speculative speculation and ensure reasonable demands, Li said………………………………………..Full Article: Source


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