COMMENT: Surging metal prices, volatility fears raise questions for China’s regulators

摘要

Back in 2014 when Metal Bulletin covered the rise of the Chinesehedge funds we said that their advent would aid China’s avoweddesire for greater participation in discovering prices for thecommodities on which its infrastructure is so dependent, such ascopper and iron ore.On April 29, Metal Bulletin’s 65% spot iron ore delivered Qingdaohad climbed to $66.24 per tonne, up by 49% over its price on the firsttrading day of January, and copper traded on the London MetalExchange had risen by 8.6% to $5,045 per tonne in the samecomparison.