At the morning session close, China’s major futures contracts were mostly lower.
Liquefied petroleum gas (LPG) fell nearly 8%, while the container freight index
(Europe route), low-sulfur fuel oil (LU) and lithium carbonate dropped more than
6%. PVC and plastics declined over 5%, while polypropylene, methanol, coking
coal, propylene, ethylene glycol, PX, PTA and fuel oil fell more than 4%. SC
crude oil and aluminum lost more than 3%.
On the upside, Shanghai silver rose nearly 4%, Shanghai gold gained close to 2%,
while Shanghai aluminum and soybean (No. 1) climbed more than 1%.