At the morning close, China’s main futures contracts were mostly lower. LPG fell
more than 6%, fuel oil nearly 6%, SC crude and low-sulfur fuel oil (LU) declined
over 5%, benzene dropped about 5%, and polypropylene (monthly-average and main
contracts), asphalt and other polypropylene contracts lost over 4%. Advancers
included Europe-route container freight, up over 3%; manganese-silicon, up
nearly 2%; and platinum, live hogs, urea, ferrosilicon, caustic soda, Shanghai
silver and logs, all up more than 1%.
