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December 15, 2010

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Talks on supplies

CARREFOUR said it is negotiating with China's instant noodles maker Tingyi Holding Corp to restock products as they disagreed on price rises and supplies were halted.

"We have received notes (from Tingyi) to raise the product prices, which we did not agree with in order to stabilize prices against the background of inflationary risks," Carrefour said in a statement.

 

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