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China Targets 'Speculators and Hoarders' to Stop Commodity Boom

(Bloomberg) -- China intensified its weeks-long campaign to cool a raw-materials boom, pledging severe punishment for violations ranging from excessive speculation to spreading fake news.The government will show “zero tolerance” for monopolies in spot and futures markets, and for speculation and hoarding, the National Development and Reform Commission said in a statement after leaders of top metals producers were called to a meeting on Sunday. China’s strengthening push to r...
Steel Prices Raw Materials Excessive Speculation National Development And Reform Commission Government Intervention Commodity Prices
Source: yahoo.com

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