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1. Market analysts said price hikes by the two companies will trigger panic buying, which will help reduce stockpiles and sales losses for the two companies.

2. Britain's Standard Chartered Bank will provide risk solutions to Chinese enterprises to help reduce their losses from price fluctuations of staple commodities.

3. These steel mills would endeavor to further reduce the purchasing price of raw materials, adjust product mix and enhance communication among the companies respective management.

4. To reduce exposure to the fuel price risk, airlines usually embrace a combination of fuel derivatives to achieve their desired hedging position.

5. The report also advised developing countries to promote diversification and industrial development in order to reduce vulnerability to commodity price shocks.

6. There are no plans to reduce the oil price because the current domestic oil price is not tied to the international market.

7. The National Development and Reform Commission raised the price of gas and diesel by 18 percent from June 20 to reduce domestic oil company losses.

8. In the long run, a price lever is still the most effective way to conserve energy and reduce emissions.

9. Though the report did not reveal any details about the tax exemption, it said the policies are expected to greatly reduce the price of the drugs.

10. Hopefully the higher price for the 20 percent of households with the largest demand will encourage these users to reduce their energy use.