China Commodity Futures Close: Shanghai Silver Down Over 5%

The breadth of the selloff matters more than silver's headline drop: losses spanned precious and industrial metals, energy, chemicals and softs, while the lone green print in container shipping suggests the pressure was not a single-theme trade. That pattern points to a broad risk-off or liquidity-driven session in Chinese commodities rather than a story specific to any one chain. Whether the shipping strength and the metals weakness persist in the next session is the open question.