China commodity futures mixed: asphalt, methanol, No.20 rubber up; soda ash down

The divergence across China's commodity futures suggests sector-specific fundamentals are driving price action rather than a broad macro signal. The strength in asphalt, methanol, and rubber points to ongoing demand or supply tightness in energy-linked and industrial materials, while weakness in soda ash and glass hints at softer downstream construction or manufacturing activity. This split could reflect varying inventory levels or policy impacts across supply chains. The key question is whether the rally in the laggards' peers and the slide in soda ash persist, which would confirm a rotation rather than a temporary blip. Watching for volume and follow-through in the next sessions will clarify if these moves are speculative or fundamentally supported.