ANTHROPIC MODEL SCARE SPARKS URGENT BESSENT, POWELL WARNING TO BANK CEOS

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China’s major futures contracts were mixed by midday, with cotton and soybean No.1 rising more than 2%. Low-sulfur fuel oil, apples, cotton yarn, platinum, fiberboard, corn, SC crude and stainless steel gained over 1%. On the downside, BR rubber, caustic soda and coking coal fell more than 4%, while PVC, the container freight index (Europe route) and ethylene glycol dropped over 3%. PTA, coke and polyester fiber declined more than 2%.