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Prices of imported raw materials in March dropped for the first time in three months to the lowest in almost four years.
Citing the global economic downturn, the Korea Importers Association says its index of overseas raw material prices for March fell just under 18 points compared to February to 198.64.
Mineral products topped the list of raw materials with the biggest monthly drop, with prices of Australian soft coal plunging 57 percent. Gold fell to about US$30 per gram and prices of agricultural products including sugar and coffee also declined.
Arirang News
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