As of the 23:00 close, China's main futures contracts were mostly lower: asphalt and coke down nearly 3%; liquefied petroleum gas (LPG) and propylene down over 2%; low-sulfur fuel oil (LU) down nearly 2%; pulp, fuel oil and PVC down over 1%. On the upside, 20# rubber rose over 1%.

The National Energy Administration, in a Q&A on implementation of the renewable energy consumption minimum share and renewable electricity responsibility-weighting rules, said compute facilities, 5G base stations and charging infrastructure have seen explosive growth and will be an important component of future power demand. NEA expects compute-related electricity use to rise by more than 100 billion kWh per year during the 15th Five-Year Plan. Including these sectors in renewable consumption assessments should speed clean-power coverage of incremental demand and support nationwide green, low-carbon development. NEA also identified polysilicon and lithium-ion battery manufacturing as key links in the green energy industrial chain; bringing them under assessment is intended to enforce integrated green-production requirements for clean-energy-equipment makers and to foster coordinated upstream-downstream decarbonisation across supply chains.

At a June 22 forum the Central University of Finance and Economics and Zhaoqi Supply Chain open-sourced WorkMate, a 'super AI' workplace assistant. Commercial rollout will focus on the plastics sector — annual trading in plastics exceeds 2 tln yuan and involves about 300,000 upstream and downstream firms — using open-source trials, feedback and co-development to establish industry standards. The partners plan horizontal expansion into non-ferrous metals, agricultural commodities and building materials.