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Commodities Briefing - Categorized | Investment, Market Moves more

Chinese Speculators Shake Up Global Commodity Markets

Posted on 15 November 2016

Global commodity markets are being rattled again by a familiar force: China’s army of cash-rich investors. A renewed rush into Chinese commodity futures is encouraging wild swings in prices for products including coal, iron ore and rubber, raising concerns about the return of a speculation frenzy.
The price paid for physical iron ore, the key ingredient in steel, has risen by about a quarter in the past week to its highest level in more than two years. Analysts and traders have linked the rally to renewed bets by Chinese speculators……………………………………..Full Article: Source


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