China’s most active futures contracts were mixed at the midday close. LPG surged
over 8%, with manganese silicon up more than 3%, while apple, caustic soda,
pulp, starch and ethylene glycol (EG) rose over 2%. On the downside, low-sulfur
fuel oil (LU) tumbled over 8%, while Shanghai silver and PET bottle chips
dropped more than 6%. PTA, PX and fuel oil fell over 4%, with bitumen and
Shanghai gold down 4%.