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China Commodity Futures Open Mixed: Tin Down 5%, Methanol Up 7%

Shanghai-traded commodity futures opened mixed on the Dalian and Shanghai exchanges, with tin (Shanghai tin) falling nearly 5% and lithium carbonate down more than 3%. Ethylene glycol and Shanghai lead each dropped over 2%, while Shanghai zinc, international copper and aluminum alloy slipped nearly 2%. Methanol led gains, rising more than 7%, with LPG up nearly 5% and pure benzene up over 2%.

Original source

AI take

The standout is the divergence between metals and energy-linked contracts: tin and lithium carbonate — both tied to electronics and battery supply chains — sit at the weak end, while methanol and LPG lead to the upside. That split matters for RWA and tokenized-commodity watchers because it signals that the same session can carry opposite demand narratives, not one broad risk move. Whether the energy complex holds its premium over industrial metals is the open question.

Generated by AI for reference only.

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