China Commodity Futures Close: Container Shipping Plunges Near 8%, Lithium Carbonate Down Over 4%

The dispersion in Chinese commodity futures is the signal here: container shipping's sharp drop on the European route points to softer freight expectations, while lithium carbonate and polysilicon extending losses suggests continued pressure across parts of the new-energy supply chain. Nickel's gain against that backdrop shows the selling is not uniform, which matters for anyone tracking industrial input costs. Whether the freight weakness proves a one-session move or the start of a broader repricing is the open question.