Chinese top regulators send research team to Dalian Commodity Exchange amid iron ore price hikes
2022-03-01 16:45:31 [Print]
China has sent a joint research team lead by the National Development and Reform Commission (NDRC) and the State Administration for Market Regulation (SAMR) to the Dalian Commodity Exchange to strengthen the regulation of spot and futures markets for iron ore to rein in price hikes.
The team met with the commodity exchange to analyze recent operations of the iron ore market and investigate irregular transactions.
They agreed on stepping up routine supervision of the spot and futures markets for iron ore, maintain market order and keep prices stable.
The team met with the commodity exchange to analyze recent operations of the iron ore market and investigate irregular transactions.
They agreed on stepping up routine supervision of the spot and futures markets for iron ore, maintain market order and keep prices stable.