Chinese commodity futures opened mixed with most front-month contracts lower. Container-shipping Europe-route futures fell over 5%. Shanghai crude (SC) dropped more than 3%; fuel oil down nearly 3%. Polypropylene monthly-average contract lost over 2%

2026-10-21

Chinese commodity futures opened mixed with most front-month contracts lower. Container-shipping Europe-route futures fell over 5%. Shanghai crude (SC) dropped more than 3%; fuel oil down nearly 3%. Polypropylene monthly-average contract lost over 2%; LPG and low-sulfur fuel oil (LU) off about 2%. 20# rubber and rapeseed meal fell more than 1%. On the upside, SHFE nickel rose nearly 2%; SHFE tin, SHFE silver, lithium carbonate and ethylene glycol (EG) gained over 1%.