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Commodities

Wastepaper prices crumple as China curbs imports

Beijing's squeeze on dirty paper mills leaves Japanese wholesalers unable to find buyers

Japan's recovered-paper trade is feeling impact of Chinese import restrictions.

TOKYO -- Japanese wastepaper prices are dropping as China, the biggest importer of the stuff, clamps down on polluting industries.

The price of recovered corrugated cardboard bound for China has tumbled by around a quarter from August to about $190 a ton.

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