| From Indiatimes.com: Countless Indian traders have been trapped by a brutal commodity market. Consider these examples: A small-time importer in Coimbatore is fighting bankruptcy after placing an order for two shiploads of iron scrap.
By the time the cargo reached India in little over a month, prices had crashed 70%. Across the spectrum of commodities — scrap, iron ore, sulphur, solvents, dyes, soda ash and even edible oil — local traders have been caught on the wrong foot..... Full Article: Source
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