Shanghai Silver, Tin Fall Nearly 3% in Night Session; Fuel Oil, Ethylene Glycol Gain Over 1%

The session's split is notable: precious and industrial metals sold off sharply while energy-linked contracts — fuel oil and ethylene glycol — held gains, suggesting the move is not a broad risk-off wave but a rotation within commodities. Silver and tin are the metals most tied to industrial and monetary demand narratives, so their underperformance against energy speaks to specific positioning rather than a uniform macro signal. Whether that metals-versus-energy divergence persists into the next session is the open question worth watching.