Dalian Commodity Exchange issues notice on market risk management

Dalian Commodity Exchange issues notice on market risk management

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Dalian Commodity Exchange (DCE) issued a notice on June 2 regarding market risk management, stating that, given the recent increase in uncertainties and rising price volatility in the iron ore market, it advises that all member entities should strengthen investor education and market risk management, and remind clients of trading rationalities and compliance.

DCE said it will strengthen its daily market surveillance, seriously investigate and deal with all kinds of violations, so as to maintain market order.

Iron ore futures prices at DCE have moved on an upward trend from RMB 557.5/mt on April 1 to RMB 755/mt on June 3, rising by 35.4 percent during this period.

$1 = RMB 7.1074

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