TREE NEWS reports: China’s commodity futures opened mixed on the session, with fuel oil’s main contract up more than 3% and pure benzene also gaining 3%. Ethylene glycol rose nearly 2%, while Shanghai tin fell over 3% and Shanghai silver dropped more than 2%. Platinum, soda ash and palladium each declined over 1%.
China commodity futures open mixed: fuel oil up over 3%, tin down over 3%
AI take
The split here is between energy-linked contracts and metals, not a single risk signal. Fuel oil and pure benzene moving together points to a feedstock or refining complex story, while tin and silver falling alongside platinum and palladium suggests the precious and industrial metal legs are trading on a different driver entirely. Whether that divergence persists through the session is the open question.
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.
Related News
5m ago
Japan’s Economy Minister Minoru Kiuchi: Fiscal Sustainability Is Premise of Our Policy
7m ago
EU-GCC Riyadh Summit Expected to Be Postponed as Saudi Arabia Faces Houthi Attacks
9m ago
Eurozone August industrial production due at 17:00 Beijing time
10m ago
Iran Says Nuclear Non-Proliferation Treaty ‘Hangs in the Balance’
10m ago
Ukraine Says Starlink Internet Service Has Been Restored
12m ago
UK Chancellor John Healey: Budget Must Acknowledge Pressure on Businesses and Households