A sudden surge in commodities prices,...>

CHINA PRESS: A sudden surge in commodities prices, including for coal and

nonferrous metals, is being driven by speculation and unrealistic expectations

of price increases, the Economic Information Daily reported Tuesday, citing

analysts. Economic fundamentals do not support a rapid rise in commodities

prices, particularly with the current balance of their supply and demand. The

so-called "new cycle" of commodities ignores the actual level of commodities

prices and runs counter regulatory policies, the report noted. The China

Securities Regulatory Commission has said it will enhance regulation and curb

speculation. (Economic Information Daily)