Low-Sulfur Fuel Oil Rises Over 3% as China Futures Open Mixed

China’s domestic futures main contracts opened mixed in early trading, with gains led by low-sulfur fuel oil (LU), which rose more than 3%. According to Jin10, propylene, the European container shipping route contract, liquefied petroleum gas (LPG), and polypropylene each climbed more than 2%, while SC crude oil, No. 1 soybeans, and fuel oil rose more than 1%. On the downside, lithium carbonate fell more than 4%, No. 20 rubber dropped more than 3%, and natural rubber declined nearly 2%. Iron ore and coke were down more than 1%.