At the morning open, China’s main futures front-month contracts were mixed: fuel oil, low-sulfur fuel oil (LU) and asphalt fell more than 10%; liquefied petroleum gas (LPG) slid nearly 9%; Shanghai crude (SC) dropped over 8%; polypropylene (PP) fell about 6%; styrene (EB) declined more than 5%. On the upside, palladium gained over 6%; Shanghai silver and platinum rose more than 5%; Shanghai gold advanced over 3%; Shanghai nickel added over 2%; coking coal, stainless steel (SS) and polysilicon we

2026-11-05

At the morning open, China’s main futures front-month contracts were mixed: fuel oil, low-sulfur fuel oil (LU) and asphalt fell more than 10%; liquefied petroleum gas (LPG) slid nearly 9%; Shanghai crude (SC) dropped over 8%; polypropylene (PP) fell about 6%; styrene (EB) declined more than 5%. On the upside, palladium gained over 6%; Shanghai silver and platinum rose more than 5%; Shanghai gold advanced over 3%; Shanghai nickel added over 2%; coking coal, stainless steel (SS) and polysilicon were up over 1%.