China vows to probe ore price move

By Global Times

Jun 24, 2021 1:01 am

BEIJING: China's top economic planner and market regulator investigated the trading volume and prices of iron ore on Monday in Beijing in an effort to stabilize the prices of bulk commodities in the country.

The price of the futures of iron ore closed 6.24 percent lower on Monday following the news. The main contract settlement price of iron ore has risen 29.50 percent from the last quarter.

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