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A few days later, most of the local grain merchants began to join the ranks of those selling grain at low prices.

With their participation, the already shaky grain prices began to fall further, even dropping below the initial market price.

The local grain merchants were in a state of utter desperation. They could only swallow their pride and sell their grain at a loss.

For the next half month, the citizens of Hangzhou bought grain at extremely low prices, each ...

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