Dec 12, 2014

Ivory prices soar in China on new demand: report

NAIROBI, Kenya (AP) — Street prices for illegal ivory are soaring in China, where newly wealthy middle and upper class citizens are buying carved ivory and whole tusks as a status symbol of their riches, a report released Tuesday found. The group Save The Elephants said in its report that the wholesale price of raw tusks has tripled since 2010. It said retail prices of ivory have increased by 13...

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