China is tightening its grip on the world's commodities markets

Reuters China is tightening its grip on global commodities markets. It is already one of the largest import and export economies in the world, which means that it has a lot of influence over the price of raw materials like iron ore and copper. Signs that Chinese demand is slowing down have had a marked impact on markets like we saw last year. In a note on Monday, Ed Morse, global head of commodities at Citi, wrote about another way China is increasingly dominating commodities: futures cont...