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In early trading, domestic futures contracts showed mixed performance. Low-sulfur fuel oil (LU) and fuel oil rose by over 4% and nearly 2%, respectively, while SC crude oil, polypropylene (PP), and asphalt rose by over 2%. On the downside, polysilico

2026-05-11

In early trading, domestic futures contracts showed mixed performance. Low-sulfur fuel oil (LU) and fuel oil rose by over 4% and nearly 2%, respectively, while SC crude oil, polypropylene (PP), and asphalt rose by over 2%. On the downside, polysilicon fell by over 3%, soda ash fell by over 2%, caustic soda, alumina, butadiene rubber, zinc, tin, and stainless steel (SS) fell by over 1%, and ethylene glycol (EG) and TSR20 rubber fell by nearly 1%.

Other News
2026-05-11

INTEL: JEFFERIES RAISES TARGET PRICE TO $120 FROM $80

INTEL: JEFFERIES RAISES TARGET PRICE TO $120 FROM $80
2026-05-11

China’s private refiners are seeking government approval to cut oil-processing rates after Beijing previously ordered them to maintain 2025 production levels to safeguard domestic fuel supply. The request comes as the Persian Gulf war drives up crude

China’s private refiners are seeking government approval to cut oil-processing rates after Beijing previously ordered them to maintain 2025 production levels to safeguard domestic fuel supply. The request comes as the Persian Gulf war drives up crude costs and crushes refining margins. The policy pushed refinery run rates in April to the highest level in nearly two years, causing gasoline and diesel inventories to surge while many refiners, especially in Shandong, suffered mounting losses. China’s top economic planner, the NDRC, has yet to comment on the requests.
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