Fuel oil futures jump over 5% at open in Chinese commodities

The breadth of the move is the story here: fuel oil's jump came alongside gains in asphalt, LPG, iron ore and soda ash, suggesting a broad risk-on or input-cost push across energy and industrials rather than an isolated fuel oil event. The narrow red side — starch, pure benzene, coking coal — points to rotation out of selected contracts rather than a uniform rally. Whether the energy-linked complex holds its opening gains through the session, and whether fuel oil's lead persists once the initial open passes, is the open question worth watching.