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Macro

Night session opens: rapeseed meal up over 2%, methanol, Shanghai silver, soybean meal, coking coal, Shanghai nickel, stainless steel, soybean No.2 up over 1%; plastics, crude oil down over 1%

China’s night futures session opened with rapeseed meal climbing more than 2%. Methanol, Shanghai silver, soybean meal, coking coal, Shanghai nickel, stainless steel and soybean No.2 each rose over 1%. Plastics and crude oil each fell more than 1%.

Original source

AI take

The breadth of the night session's gains — spanning agricultural meals, ferrous inputs, base metals and precious metals — points to a broadly risk-on tone rather than a single commodity story, with rapeseed meal's outsized move standing apart from the rest. The split between rising industrial metals and falling crude and plastics suggests the bid is not a uniform macro signal, leaving the question of whether these moves hold through the full session or fade by the close.

Generated by AI for reference only.

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