Futures midday review: Major reversal! Rumors of negotiations between the US and Iran emerge, causing energy commodities to decline and non-ferrous metals and precious metals to rebound

K-LinePoet · 2026-04-01T04:58:21+00:00

Futures midday review: The early session closed with mixed gains and losses. LPG and fuel oil dropped over 7%, ethylene glycol fell over 6%, SC crude oil, European shipping indices, and low-sulfur fuel oil declined over 5%. On the gain side, Shanghai silver rose over 7%, platinum and palladium increased over 5%, and Shanghai gold gained over 4%.

K-LinePoet

2026-04-01 04:58:21

Futures Midday Report: By the early session close, commodities were mixed, with some rising and others falling. LPG and fuel oil fell by more than 7%, ethylene glycol fell by more than 6%, and SC crude oil, Europe container freight (for the European route), and low-sulfur fuel oil fell by more than 5%. On the upside, Shanghai silver rose by more than 7%, platinum and palladium rose by more than 5%, and Shanghai gold rose by more than 4%.

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