At midday close, China’s front-month commodity futures were mostly lower.
Low-sulfur fuel oil (LU) dropped more than 6% and fuel oil fell over 5%; lithium
carbonate slipped nearly 4%. Styrene (EB), benzene, palm oil, asphalt and
Shanghai tin were down about 3%. Palladium led gains, up more than 4%; Shanghai
silver and caustic soda rose over 3%; Shanghai gold and polysilicon climbed over
2%; soda ash gained nearly 2%; glass and pulp rose just above 1%.
