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As of the 23:00 market close, most domestic futures contracts rose, with asphalt up over 3%, plastics, fuel oil, propylene, and ethylene glycol (EG) up over 2%, and low-sulfur fuel oil (LU) up nearly 2%. On the downside, soda ash and coking coal fell

2026-07-13

As of the 23:00 market close, most domestic futures contracts rose, with asphalt up over 3%, plastics, fuel oil, propylene, and ethylene glycol (EG) up over 2%, and low-sulfur fuel oil (LU) up nearly 2%. On the downside, soda ash and coking coal fell over 1%, while pulp and caustic soda fell nearly 1%.

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2026-07-13

CITIC Securities research said lithium prices plunged this week as expectations of marginally looser supply weighed, driven mainly by restarts at Jiangxi lithium mines and Zimbabwe spodumene cargoes due in July. Concentrates remain tight; several lit

CITIC Securities research said lithium prices plunged this week as expectations of marginally looser supply weighed, driven mainly by restarts at Jiangxi lithium mines and Zimbabwe spodumene cargoes due in July. Concentrates remain tight; several lithium-salt makers cut output amid feedstock constraints and maintenance, while spodumene and mica production fell and weekly output continued to decline. Inventories are still being drawn down, though some spot parcels are being withheld to support prices. Demand shows no major weakness: new upstream capacity will begin commissioning and ramp in H2, amplifying downstream restocking, and a planned 2027 EV subsidy step-down is encouraging installations this year and lifting H2 production expectations. Commercial vehicle volumes rose 36% YoY in 1H; Jan–May pure-electric vehicle exports were 1.833 mln units, up 114.4% YoY. CITIC expects July and August production schedules to post MoM gains — off-season not weak, with peak season likely.
2026-07-13

The Russian Ministry of Defense stated that port infrastructure, including storage tanks, used for transporting military goods in the port of Chernomorsk was damaged due to an attack by the Russian Armed Forces.

The Russian Ministry of Defense stated that port infrastructure, including storage tanks, used for transporting military goods in the port of Chernomorsk was damaged due to an attack by the Russian Armed Forces.
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