TREE NEWS reports: Chinese commodity futures closed mixed, with methanol’s main contract rising more than 7%, coking coal up over 4%, LPG nearly 4% higher, and polypropylene and plastics each gaining over 3%. On the downside, the container shipping Europe route fell more than 5%, while Shanghai tin and ethylene glycol dropped over 4% and lithium carbonate declined more than 3%.
China Commodity Futures Close: Methanol Up Over 7%, Coking Coal Up Over 4%
AI take
The split is the story: energy-linked petrochemicals and coking coal bid hard while container shipping and battery-chain materials sold off. That points to a coal-and-crude-driven cost push in industrial inputs rather than broad reflation, with the weakness in the Europe route and lithium carbonate hinting at softer trade and EV-chain demand. Whether the energy complex holds its gains while shipping and battery materials stay weak is the open question.
Generated by AI for reference only.
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