SHFE Crude Oil 2612 Night Session Closes Up 0.22% at 639.80 Yuan/Barrel

The marginal move in crude is less telling than the mixed metals tape alongside it: gold firmer, silver softer, crude barely budged. That divergence suggests night-session positioning rather than a unified risk or inflation signal, which matters for anyone reading SHFE pricing as a gauge of Chinese demand sentiment. With moves this small, the open question is whether the next session brings any conviction behind the crude bid or whether it fades as liquidity returns.