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Commodities Briefing - Categorized | Investment, Market Moves more

China acts to cool frenzied speculation in commodities

Posted on 27 April 2016

China has moved to clamp down on excessive speculation in commodities after weeks of frenzied trading boosted prices and ignited fears of another bubble in its domestic markets.
Iron ore and steel futures in China fell back again yesterday after the authorities raised transaction costs to cool rapid gains that had raised concerns that an unstable speculative bubble was forming. However, other commodity futures, including coking coal, kept surging………………………………………..Full Article: Source


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