At the morning open, China’s main futures contracts were mixed. Shanghai silver
led gains, up nearly 3%. Pulp, fuel oil, LPG and asphalt rose about 2%; SHFE
lead gained just over 1%; 20# rubber and low-sulfur fuel oil (LU) were up around
1%. On the downside, coking coal, stainless steel, rapeseed meal, glass and PVC
fell more than 1%; rapeseed oil and SHFE nickel were down about 1%.