Chinese regulators vow to curb speculation as iron ore prices climb again after volatile 2021
Chinese regulators vow to curb speculation as iron ore prices climb again after volatile 2021

Chinese regulators vow to curb speculation as iron ore prices climb again after volatile 2021

 

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Chinese regulators pledged to curb speculation in iron ore after the prices of the steel-making material climb again following a volatile year of 2021.

The most-traded iron ore futures contract on the Dalian Commodity Exchange, for May delivery, hit 821 yuan per tonne on Tuesday, the highest level since mid-August 2021. The contract had jumped 19% from the start of the year and surged 60% from a low of 512 yuan per . . .

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