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China Commodity Futures Close: Methanol Limit Up, Bitumen Up Over 6%

Methanol’s main futures contract closed limit-up in Chinese commodity trading, with bitumen rising more than 6%. Fuel oil, propylene and polypropylene gained over 5%, while LPG, polyethylene, styrene, paraxylene and pure benzene each climbed more than 3%. Caustic soda fell over 5%, with apples and red dates down more than 3% and live hogs down nearly 3%.

Original source

AI take

The breadth of gains across methanol, bitumen, olefins and aromatics points to a coordinated energy-and-petrochemicals move rather than an isolated squeeze, which matters for downstream plastics and fuel-blending economics. The divergence is equally telling: caustic soda's sharp drop and softness in apples, red dates and live hogs suggest the strength is concentrated in the energy chain, not a broad commodity reflation. Whether methanol holds its limit-up into the next session, and whether the soft agricultural and chlor-alkali names keep diverging, is the open question.

Generated by AI for reference only.

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