Source: Beijing News
The Beijing News Shell Finance (Reporter Lin Zi) opened on the morning of October 20, and many futures products had lower limits. Among them, major contracts such as thermal coal and coking coal had lower limits.
On October 19, the National Development and Reform Commission played a heavyweight “combination punch” and proposed to strengthen the supervision of the futures spot market linkage. Focusing on investigating abnormal transactions and malicious speculation, key coal ports should actively provide regulatory authorities with illegal clues such as malicious hoarding and price hikes, and restrict transportation, loading and unloading of transactions that are clearly beyond a reasonable level, and do their best to maintain the order of the coal market. Efforts will be made to strengthen the penetrating supervision of the futures market, sort out abnormal transactions, strictly investigate and punish malicious capital speculation in accordance with the law and publicly expose it, effectively maintain market order, and create a good capital market environment.
Beijing News Shell Finance reporter Lin Zi editor Chen Li proofreads Wei ZhuoReturn to Sohu to see more
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