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U.S. heating oil inventories fell by 28,000 barrels in the week ending September 11, compared with 405,000 barrels in the previous week.

2026-09-16

U.S. heating oil inventories fell by 28,000 barrels in the week ending September 11, compared with 405,000 barrels in the previous week.

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2026-09-16

At the open, China's commodity futures main contracts were mixed. Ethylene glycol (EG) rose over 4%, bottle‑grade PET chips gained about 3%, and low‑sulfur fuel oil (LU) and paraxylene rose nearly 3%. Asphalt, methanol, Shanghai crude (SC) and benzen

At the open, China's commodity futures main contracts were mixed. Ethylene glycol (EG) rose over 4%, bottle‑grade PET chips gained about 3%, and low‑sulfur fuel oil (LU) and paraxylene rose nearly 3%. Asphalt, methanol, Shanghai crude (SC) and benzene advanced more than 2%. On the downside, Shanghai nickel and the container‑freight Europe route fell over 2%, PVC declined about 2%, and stainless steel (SS), glass, coking coal, red dates and coke each dropped more than 1%.
2026-09-15

At the open Sept. 15, Xianglu Tungsten locked at the daily limit within one minute after a single buy order topped CNY1bn; Zhangyuan Tungsten, China Tungsten High-Tech and Xiamen Tungsten also surged. Traders cited two catalysts: media reports that t

At the open Sept. 15, Xianglu Tungsten locked at the daily limit within one minute after a single buy order topped CNY1bn; Zhangyuan Tungsten, China Tungsten High-Tech and Xiamen Tungsten also surged. Traders cited two catalysts: media reports that tungsten prices have risen roughly ninefold over two years while China supplies about 80% of global output, and US tungsten producer The Elmet Group saying the US Department of Defense has pledged $450m to accelerate its manufacturing capacity—Elmet shares rose as much as 55% intraday. Analysts recently noted nonferrous-metal volatility tracks offshore markets but say price moves reflect financial positioning; they view tungsten’s tight balance as structural rather than a normal cyclical swing.
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