Chinese Commodity Futures Close: Shanghai Silver Plunges Over 6%, Platinum and Tin Fall Over 5%

A broad, synchronized selloff across precious and industrial metals in Shanghai points to a single macro driver rather than contract-specific news, and the split tape — metals down hard while apple, egg and asphalt gain — suggests capital rotating within the commodity complex rather than exiting it outright. The metals leg matters most for RWA and tokenized-commodity exposure, since Shanghai pricing feeds global reference benchmarks. Whether the divergence between softs/energy-adjacent contracts and metals persists into the next session is the open question.