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Night session opened: major Chinese futures contracts mostly higher. SHFE copper and LME copper up >1%; glass, SHFE tin, pulp and benzene near +1%. On the downside, Shanghai crude (SC) fell >2%; low-sulfur fuel oil (LU), synthetic rubber, propylene,

2026-09-21

Night session opened: major Chinese futures contracts mostly higher. SHFE copper and LME copper up >1%; glass, SHFE tin, pulp and benzene near +1%. On the downside, Shanghai crude (SC) fell >2%; low-sulfur fuel oil (LU), synthetic rubber, propylene, ethylene glycol (EG), fuel oil and LPG down >1%.

Other News
2026-09-21

German Chancellor Merz: The national governance system has become too complicated.

German Chancellor Merz: The national governance system has become too complicated.
2026-09-21

1. Shanghai's secondhand housing market saw record-breaking daily sales in September, with several new housing projects triggering a points-based system for subscriptions. 2. New regulations for residential property management in Shanghai will take

1. Shanghai's secondhand housing market saw record-breaking daily sales in September, with several new housing projects triggering a points-based system for subscriptions. 2. New regulations for residential property management in Shanghai will take effect in November, introducing a new property governance committee system. 3. Qingdao's new housing provident fund policy sets the standard for withdrawals for home renovation at 1,500 yuan per square meter, with a maximum of 200,000 yuan. 4. China State Construction Engineering Corporation (CSCEC) signed new overseas contracts worth 210.6 billion yuan from January to August, a year-on-year increase of 57.4%. 5. Jinan: The maximum withdrawal of housing provident funds for renovation is 200,000 yuan per person per unit. 6. Guangdong: Sales area of newly built commercial housing decreased by 12.7% from January to August, with the decline narrowing for six consecutive months. 7. The second phase of Shenzhen Bay No. 1·Rui Mansion sold out, with sea-view duplexes exceeding 300,000 yuan/square meter in price. 8. He Yongxian: Hong Kong SAR aims to fundamentally resolve the problem of substandard subdivided flats within residential areas by 2030. 9. A residential land parcel in Jing'an District, Shanghai, was sold at a premium of 7.05 billion yuan. 10. A residential land parcel in Ningbo was sold at the reserve price of 353 million yuan. 11. A residential land parcel in Huangpu District, Shanghai, was sold at the reserve price of 3.888 billion yuan.
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