China Commodity Futures Close: Methanol, PX, LPG, Pure Benzene, Styrene Hit Limit Up

A synchronised limit-up across the aromatics and LPG complex points to a feedstock-driven move rather than single-product tightness, since methanol, PX, benzene and styrene sit at different points of the same chain. The split is the real signal: energy-linked futures are bid hard while precious and industrial metals, glass and iron ore fall, so this reads as a cost-push shock concentrated in petrochemicals rather than broad risk appetite. Whether the fuel oil and crude gains keep feeding the downstream chain, or the metals weakness spreads, is the open question.