At the open, China’s domestic main futures contracts were mostly lower.
Propylene slid more than 5%. Plastics, Shanghai tin, liquefied petroleum gas
(LPG), polypropylene and the polypropylene monthly-average contract dropped over
3%; the plastics monthly-average contract and benzene fell over 2%; PET
bottle-chip contracts slipped nearly 2%. On the upside, low-sulfur fuel oil (LU)
rose nearly 4% and apples nearly 3%; coke, Shanghai nickel and rapeseed meal
gained over 2%; container-shipping Europe-route freight, coking coal and red
dates were up over 1%.
