China Night Session: Pure Benzene, PVC, Coking Coal Fall at Least 2.5%

The breadth of the move matters more than any single contract: when pure benzene, PVC, coking coal and the refinery-linked complex all fall together, it points to a broad repricing across China's energy and chemical futures rather than an isolated squeeze or a single supply story. That grouping spans very different end-markets — construction-linked PVC, steelmaking coal and petrochemical feedstocks — so the common thread is more likely macro sentiment or cost-push than any one sector's fundamentals. Whether the complex holds these losses into the day session, or whether the weakness stays confined to the night session, is the open question.