China's ICBC suspends open positions for commodities trading products

SHANGHAI/BEIJING (Reuters) - Industrial and Commercial Bank of China (ICBC) said it will suspend all open positions for retail investor products linked to commodities futures, including crude oil, natural gas, copper and soybeans, from Tuesday.The bank also warned investors on Monday of a possible loss of all investments or cash deposits in those products due to commodities market volatility. According to ICBC's website, its commodities futures trading products are sold to individual..