As of 23:00 closing, China’s domestic futures market saw a mixed performance among major contracts, with some commodities posting gains while others recorded notable declines.
Notable Gainers
Rapeseed oil, 20 rubber, and coking coal led the upward movement, each rising more than 1%. The increase in these commodities reflects shifting supply-demand dynamics and broader market sentiment.
Significant Declines
On the downside, low-sulfur fuel oil (LU) and styrene fell sharply, dropping over 2%. Other underperforming commodities included fuel oil, methanol, para-xylene (PX), pulp, asphalt, and purified terephthalic acid (PTA), all of which declined more than 1%.
Market analysts attribute the fluctuations to a combination of factors, including global energy price trends, industrial demand shifts, and macroeconomic indicators. Traders continue to monitor supply chain developments and policy adjustments that may influence future price movements.
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