China Commodity Futures Close: Pulp, Lithium Carbonate Up Over 3%; Crude Down Over 4%

Lithium carbonate's gain stands out because it is a key battery input, so a move of this size in the main contract can feed into the cost outlook for downstream storage and EV supply chains even when broader sentiment is mixed. The split between crude's sharp decline and strength in pulp, pure benzene and bitumen suggests the session was driven by contract-specific flows rather than one macro theme. Whether lithium's bid persists alongside crude's weakness is the open question for reading the next session.