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SHFE Crude Oil Futures 2612 Contract Rises 1.6% in Night Trading

The Shanghai Futures Exchange crude oil futures 2612 contract closed up 1.6% in night trading at 713.20 yuan per barrel. In the same session, Shanghai gold futures fell 1.88% and Shanghai silver futures dropped 3.86%.

Original source

AI take

The divergence is the story: crude firm while precious metals sold off sharply in the same night session points to a rotation in onshore positioning rather than a single macro driver lifting all commodities. The move matters most for Chinese traders holding SHFE energy and metals exposure, where cross-asset correlations can shift quickly. Whether this crude-versus-precious-metals split persists into the next session, or proves a one-night liquidity artifact, is the open question.

Generated by AI for reference only.

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