China energy and chemical sector slid as onshore main futures contracts fell sharply intraday. Low-sulfur fuel oil (LU) main contract dropped over 8% to 4,691 yuan/ton; fuel oil main contract fell over 8% to 3,610 yuan/ton. Styrene (EB) main contract fell 4.0% to 8,608 yuan/ton; PTA main contract fell 4.0% to 5,550 yuan/ton; methanol main contract fell 4.0% to 2,828 yuan/ton; benzene main contract fell 4.0% to 7,471 yuan/ton.

2026-08-26

China energy and chemical sector slid as onshore main futures contracts fell sharply intraday. Low-sulfur fuel oil (LU) main contract dropped over 8% to 4,691 yuan/ton; fuel oil main contract fell over 8% to 3,610 yuan/ton. Styrene (EB) main contract fell 4.0% to 8,608 yuan/ton; PTA main contract fell 4.0% to 5,550 yuan/ton; methanol main contract fell 4.0% to 2,828 yuan/ton; benzene main contract fell 4.0% to 7,471 yuan/ton.