On Wednesday, China's state planner issued its third warning this month against excessive speculation in iron ore, adding that it will increase control of the country's spot and futures markets.
The Chinese state planner said it will increase its control over the iron ore spot and futures markets.
It issued similar warnings on January 6 and 15, calling iron ore trading and futures companies not to selectively cite data and information, deliberately exaggerate price increases, or increase prices.
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