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At the 23:00 close, China's domestic futures main contracts were mixed. Styrene (EB) and benzene rose over 5%; fuel oil and propylene gained over 4%; ethylene glycol (EG) climbed over 3%; polypropylene (monthly average) and asphalt advanced near 3%.

2026-09-09

At the 23:00 close, China's domestic futures main contracts were mixed. Styrene (EB) and benzene rose over 5%; fuel oil and propylene gained over 4%; ethylene glycol (EG) climbed over 3%; polypropylene (monthly average) and asphalt advanced near 3%. On the downside, coke fell more than 2%; coking coal dropped nearly 2%; glass, rapeseed oil and palm oil declined over 1%.

Other News
2026-09-09

Morgan Stanley says Link REIT (00823.HK) saw overall tenant sales down 1% YoY in FY2027 Q1 (ending June 2026). Food & beverage sales rose 1.5% YoY while supermarkets fell 1.9% YoY. Management expects Hong Kong renewal rents in H1 FY2027 (ending Sept

Morgan Stanley says Link REIT (00823.HK) saw overall tenant sales down 1% YoY in FY2027 Q1 (ending June 2026). Food & beverage sales rose 1.5% YoY while supermarkets fell 1.9% YoY. Management expects Hong Kong renewal rents in H1 FY2027 (ending Sept 2026) to be down 5% YoY, an improvement from FY2026 full-year -8.2% and H1 FY2026 -6.4%, but it maintains a full-year renewal-rent guide of -8%, implying H2 will be weaker than H1. A 200 mln annual cost-cutting program is progressing well; combined with buybacks, Morgan Stanley sees FY2027 distribution per unit roughly flat YoY. Blended financing cost remains 3.4%. The Anderson Road project is 80% pre-leased and due to open in October, which Morgan Stanley expects to support FY2028 rental income. Morgan Stanley rates the stock overweight with a HK$44 target price.
2026-09-09

At the mid-session close, China's main futures contracts were mixed. SC crude oil rose over 5%; methanol gained over 4%; benzene climbed over 3%; propylene and p-xylene were up near 3%; fuel oil, styrene (EB), LPG, short fiber and PTA advanced over 2

At the mid-session close, China's main futures contracts were mixed. SC crude oil rose over 5%; methanol gained over 4%; benzene climbed over 3%; propylene and p-xylene were up near 3%; fuel oil, styrene (EB), LPG, short fiber and PTA advanced over 2%. On the downside, palladium fell more than 2%; ferrosilicon, urea and palm oil declined over 1%.
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