Pure Benzene, Methanol Futures Hit Limit Up in China

Two unrelated petrochemical contracts hitting limit up in the same session points to a broad move in China's domestic chemical futures complex rather than a single-product story. That matters for downstream producers and traders who use these contracts to hedge input costs, since a limit move can shut off liquidity precisely when hedging is most needed. The open question is whether the move reflects shared cost-push pressure or simply correlated speculative flows; the absence of volume figures makes that hard to judge.