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At the morning open, China's commodity-futures main contracts were mostly lower. Coking coal fell over 2%, coke nearly 2%. Low-sulfur fuel oil (LU), fuel oil, Shanghai crude (SC), soda ash, LPG, benzene, eggs, pulp and styrene were down more than 1%.

2026-07-31

At the morning open, China's commodity-futures main contracts were mostly lower. Coking coal fell over 2%, coke nearly 2%. Low-sulfur fuel oil (LU), fuel oil, Shanghai crude (SC), soda ash, LPG, benzene, eggs, pulp and styrene were down more than 1%. On the upside, palladium rose over 3%; SHFE tin and platinum gained more than 2%; SHFE silver climbed about 2%; bottle-grade PET chips and red dates were up over 1%.

Other News
2026-07-30

On July 30 Beijing time, China’s He Lifeng held a video call with US Treasury Secretary Bessent and Trade Representative Grier. China expressed serious concern about recent US trade restrictions; both sides agreed to leverage bilateral economic and t

On July 30 Beijing time, China’s He Lifeng held a video call with US Treasury Secretary Bessent and Trade Representative Grier. China expressed serious concern about recent US trade restrictions; both sides agreed to leverage bilateral economic and trade consultation mechanisms, strengthen communication, build trust, expand practical cooperation and properly address mutual concerns under leaders’ strategic guidance to stabilize and improve China‑US economic and trade ties and support a constructive strategic‑stability relationship.
2026-07-31

At midday closing, most domestic futures contracts declined, with lithium carbonate and coking coal falling over 4%, fuel oil and coke falling over 3%, benzene and low-sulfur fuel oil (LU) falling nearly 3%, and SC crude oil, synthetic rubber, eggs,

At midday closing, most domestic futures contracts declined, with lithium carbonate and coking coal falling over 4%, fuel oil and coke falling over 3%, benzene and low-sulfur fuel oil (LU) falling nearly 3%, and SC crude oil, synthetic rubber, eggs, and styrene falling over 2%. On the upside, container shipping to Europe rose over 3%, tin, palladium, and polysilicon rose nearly 2%, apples and platinum rose over 1%, and silver and rapeseed meal rose nearly 1%.
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