The National Development and Reform Commission and the State Administration for Market Regulation went to Dalian Commodity Exchange to conduct joint research
In order to strengthen the joint supervision of iron ore spot and futures markets, the Price Department and Finance Department of the National Development and Reform Commission and the Price Supervision and Competition Bureau of the State Administration of Market Supervision recently went to Dalian Commodity Exchange to conduct a joint survey.
The research team held a special meeting with the Dalian Commodity Exchange to analyze the recent operation of the iron ore market, jointly investigate abnormal trading behaviors in the spot and futures markets, and study and strengthen the joint supervision and market construction of the spot and futures markets.
The participating departments and Dalian Commodity Exchange agreed that they will continue to strengthen the daily supervision of the spot and futures markets, focus on strengthening penetrating supervision, severely punish violations of laws and regulations in accordance with the law, effectively maintain normal market order, and ensure the stable operation of iron ore market prices.
