Commodities Traders May Face Curbs Under EU Proposal
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Commodity traders in the European Union may face restrictions including position limits under proposals from the European Commission aimed at curbing excessive price volatility.
Curbing the proportion of a commodity derivatives market that a single trader can control may help rein in “excessive speculation,” the commission said in an e-mailed statement. Price fluctuations hurt farmers, food-makers and consumers, including in the poorest countries, the commission said.