TREE NEWS reports: Pulp rose about 2.8% in China’s night trading session. Bitumen and ethylene glycol also each climbed more than 2%. Iron ore added 0.1%, while coking coal fell about 0.9% and coke lost about 1%.
Pulp up 2.8% in night session, bitumen and ethylene glycol also gain over 2%
The move stands out less for pulp itself than for the split it reveals across industrial inputs: softs-linked and oil-derived contracts bid, while the steelmaking chain slipped, with coking coal and coke both lower. That divergence points to demand or sentiment rotating between sectors rather than a single macro impulse. Whether pulp holds its night-session gain into the day session, and whether the coal complex keeps softening, is the open question worth tracking.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.