Energy and chemical futures showed mixed performance in Wednesday’s trading session, with low-sulfur fuel oil (LU), fuel oil, SC crude oil, PTA, and PX leading gains as their main contracts rose over 1%. Butadiene rubber and staple fiber followed closely with nearly 1% increases, supported by tightening supply and seasonal demand.
On the downside, coking coal and international copper contracts fell nearly 1%, reflecting subdued industrial demand and profit-taking after recent rallies. The divergence highlights sector-specific dynamics, with oil products benefiting from summer travel demand while base metals face headwinds from global growth concerns.
Traders are monitoring inventory data and geopolitical developments for near-term directional cues, particularly around OPEC+ supply policies and China’s infrastructure stimulus plans.
Related topics：
