ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Kenya Asians Apportioning the Blame

speculators invariably received profits, and large and small hedgers incurred losses. The only exceptions appear to be the groundnut kernels market of Jamnagar where the large traders lost on their long position and gained on their short position, and the black pepper market at Cochin where the small traders lost on their long position.

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