China’s commodity futures opened higher, led by the energy and chemical sector.
Crude oil and the container freight index (Europe route) rose more than 5%,
while plastics and LPG gained over 3% and asphalt climbed more than 2%. Copper
and international copper were up over 1%, with cotton and coking coal posting
modest gains.
On the downside, platinum fell more than 3%, while NR rubber and caustic soda
dropped over 1%, and zinc and lead edged lower.