ExxonMobil reported a unit outage at its Joliet, Illinois refinery.

The PBOC and multiple ministries issued guidance to support development of international tech-innovation centers in Beijing-Tianjin-Hebei, the Yangtze River Delta and the Greater Bay Area, directing bond-market measures to finance tech. Key measures: encourage market creation of tech-innovation bond index products to broaden institutional allocation; promote use of credit risk mitigation certificates (CRMW) and other credit-protection tools to support issuance and investment in tech-innovation bonds; deploy tech-innovation and private-enterprise bond risk-sharing instruments and policy risk-sharing mechanisms to provide guarantees and credit enhancement for eligible private tech firms and private equity issuers; encourage local one-stop issuance service platforms offering roadshows and credit enhancement; and support development of credit-rating industry standards for tech-innovation bonds.

China lithium carbonate most-active contract fell 4.00% intraday to 95,080 yuan/ton.