Xinhua reported South Korean President Yoon Suk-yeol was sentenced to 30 years in prison in a first-instance trial over the "drone incident".

ECB President Lagarde said sudden, sharp falls in asset prices would pose risks to financial stability.

At the morning close, China’s main futures contracts were mixed. Polysilicon rose nearly 6%; palladium and coke gained more than 5%; Shanghai silver advanced over 4%; platinum and lithium carbonate were up about 4%; coking coal climbed over 3%; Shanghai tin rose nearly 3%. On the downside, SC crude fell nearly 5%; LPG and low‑sulfur fuel oil (LU) slipped about 4%; fuel oil dropped over 3%; propylene, Europe‑route container freight and polypropylene contracts (including the monthly‑average) fell more than 1%.