China Commodity Prices Fall on Probe, Securities Times Says
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Commodity prices in China declined today on market speculation that regulators were investigating large positions in natural rubber futures, the Securities Times said on its website, citing people it didn’t identify.
Rubber prices on the Shanghai Futures Exchange plunged by the most in three months, with declines spilling over into other commodities including copper, zinc, soybeans and sugar. An official at the China Securities Regulatory Commission, who didn’t wish to be identified, declined to comment.