Most Energy and Chemicals Futures Plunge, Fuel Oil and Low-Sulfur Fuel Oil Drop Over 10%
Deep News
Nov 05
On November 5, 2026, domestic futures main contracts closed with more gainers than decliners. Palladium rose more than 8%, platinum gained over 7%, Shanghai silver climbed nearly 6%, Shanghai nickel advanced more than 5%, Shanghai gold increased over 4%, red dates rose nearly 4%, and coke and lithium carbonate each gained more than 3%.
On the losing side, liquefied petroleum gas (LPG), bottle chips, propylene, pure benzene, polyethylene, polypropylene, ethylene glycol, and styrene hit their daily limit down. Fuel oil and low-sulfur fuel oil (LU) fell more than 10%, asphalt dropped nearly 9%, SC crude oil and methanol declined more than 7%, and PX and paraxylene fell more than 6%.
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