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Commodities Briefing - Categorized | Market Moves, Regulatory more

China commodities drop on concern regulators to tighten rules

Posted on 28 October 2010

From Bloomberg: Commodities in China snapped a rally, led by rice, zinc, soybean oil and rubber, on growing concerns that security regulators may tighten trading rules to curb excessive speculation.
The Zhengzhou Commodity Exchange, China’s first such bourse, yesterday increased the margin requirement for rice, rapeseed oil, wheat and sugar trading to 8 percent from 3 percent or 4 percent, a statement on its website said yesterday……………………………………….Full Article: Source

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