China imported commodities at much higher prices in the first 10 months of 2011, with the prices of crops, refined and crude oil imports jumping by more than 30% compared to the same period a year ago, the National Development and Reform Commission said.
Between January and October, China's imported grain prices were up 47.9% year on year to $377.7 per ton, imported soybean prices were up 29.8% year on year to $573.9 per ton, imported cotton prices were up 61.7% year on year to $2,972 per ton, imported edible vegetable oil prices were up 38.4% year on year to $1,175 per ton, and imported sugar prices were up 35.4% year on year to $689.2 per ton, customs statistics show.............................................Full Article: Source
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