Energy and Chemical Futures Prices Plummet Across the Board

2026-03-17 08:12:36

Energy and chemical commodity futures main contracts all declined in the early trading session, with the Baltic Dry Index (European line) down over 12%, SC crude oil down over 11%, after initially rising over 8%. Ethylene glycol and methanol fell over 9%, caustic soda dropped over 8%, and briefly hit the limit down during the session. Butadiene rubber declined over 7%, pure benzene, asphalt, PVC, low-sulfur fuel oil (LU), PX, fuel oil, glass, PTA, and liquefied petroleum gas (LPG) fell over 5%. Urea, bottle chips, and plastics dropped over 4%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes