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Commodities

Chinese hunger fuels rise in chile pepper prices

Import prices in Japan shoot up by double digits

A man spreads red chile peppers to dry in Zhangye, China.   © Reuters

TOKYO -- China's insatiable appetite for chile peppers has made the spice an even hotter commodity.

In Japan, import prices for dried Chinese chile peppers have jumped 13% over a year, government data shows. And export prices from China have climbed 9%, according to a trading house.

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