Floating Button
Home News Commodities

China’s campaign to control commodities goes into overdrive

Bloomberg
Bloomberg • 4 min read
China’s campaign to control commodities goes into overdrive
The run up in commodities prices has fanned concerns that factories will need to pass on higher costs, hurting the economy
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

China has stepped up its campaign to rein in commodity prices and reduce speculation in a bid to ease the threat to its pandemic rebound from soaring raw material costs.

State-owned enterprises were ordered to control risks and limit their exposure to overseas commodities markets by the State-owned Assets Supervision and Administration Commission (Sasac), according to people with knowledge of the matter.

The companies have been asked to report their futures positions for Sasac to review, said the people, who asked not to be identified because the information is confidential.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.