WTI crude futures slipped below $68/barrel, down 1.02% on the day.

At a July 6 regular briefing, China's Foreign Ministry spokesperson Mao Ning said China has already released information on the navy's successful submarine-launched strategic missile test and advised asking the relevant authorities for details. She described the test as a routine annual military training exercise, in line with international law and practice, and not directed at any specific country or target.

China A-share organosilicon sector rallied in early trade. Dongyue Silicones jumped over 10%; peers Chenguang New Materials, Xinyaqiang, Huitian New Materials, Hongbo New Materials and Jianghan New Materials also advanced.