China’s NDRC: Leading investigations into commodity price rises

FX

The National Development and Reform Commission (NDRC), China’s state planner, is leading investigations into commodity price rises, a Chinese media outlet reported.

Additional takeaways

“China has plans to sell industrial metals from stockpiles to try to slow/cap price gains.“

“NDRC is sending teams in conjunction with market regulators out into provinces to further investigate issues.” 

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