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Domestic commodity futures see widespread gains; the energy and chemical sector triggers a surge of limit-up hits
According to Meiri AI Express, on March 9th, domestic commodity futures broadly closed higher, with the chemical sector leading the surge and hitting daily limit-ups. The European route of container shipping rose by 20%, while crude oil, fuel oil, pure benzene, styrene, asphalt, BR rubber, liquefied gas, and bottle chips all hit daily limit-ups. Palm oil increased by over 6%, coking coal and caustic soda rose by more than 5%, urea increased by over 4%, and coke, rapeseed oil, soda ash, and alumina rose by over 3%. In terms of declines, Shanghai tin and palladium fell by more than 2%.
Daily Economic News