China’s NDRC: Will make plans to cope with abnormal fluctuations in commodities

Dhwani Mehta FXStreet

China’s National Development and Reform Commission (NDRC), the country’s state planner, continues to emphasize its vow to curb any commodities’ price violations.

In the latest statement released on Tuesday, the NDRC said that it will make plans to cope with abnormal fluctuations in commodities such as iron ore, copper, corn.

On Monday, the state planner said that “China has zero-tolerance for commodity futures market violations,” adding that it “will severely punish commodity monopolies.”

Read: Copper Price Today: Justifies Monday’s bullish hammer to target $4.60

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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