At morning close, China’s main futures contracts were mostly lower: benzene hit
the daily limit down; SC crude fell over 8%, fuel oil dropped more than 7%;
low‑sulfur fuel oil (LU) and container freight Europe route slid over 6%;
paraxylene fell nearly 6%; asphalt, synthetic rubber and styrene declined more
than 5%. On the upside, glass and stainless steel (SS) rose over 2%, soda ash
gained nearly 2%, Shanghai silver and caustic soda were up more than 1%, while
Shanghai gold, platinum and Shanghai nickel each rose around 1%.
