TREE NEWS reports: Commodity futures closed lower, with the main bitumen and crude oil contracts falling more than 4%, while ethylene glycol, staple fiber, methanol and lithium carbonate each dropped over 3%. No. 20 rubber rose more than 3%, rubber gained over 2%, and BR rubber and the container shipping Europe line added more than 1%.
Commodity Futures Close Lower as Bitumen, Crude Oil Drop Over 4%
The selloff is concentrated in energy-linked contracts, while the rubber complex and container shipping Europe line moved the other way — a split that suggests the pressure is specific to the crude and bitumen chain rather than broad risk-off. That distinction matters for anyone tracking input costs across fuels and petrochemical derivatives, where bitumen and crude sit upstream of several of the day's other decliners. Whether the rubber and shipping strength is a one-session divergence or the start of a wider rotation is the open question.
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