The commodities market showed mixed movement, with select energy and coal benchmarks advancing while crude oil remained largely rangebound and ethanol edged lower.
Argus Propane (Saudi Aramco) Futures rose 0.76% to 536.00, reflecting steady demand in the LPG and petrochemical segment.
In the coal market, API2 Rotterdam Coal Futures gained 2.34% to 102.85, marking one of the stronger moves among major commodities, while SGX TSI FOB Australia Premium Coking Coal Futures remained unchanged at 247.00.
Crude oil traded in a narrow range. Murban Crude Oil Futures increased 0.44% to 68.68, while Brent Crude Oil Futures showed mixed movement, with one contract slipping 0.40% to 67.92 and another rising 0.74% to 68.05, indicating consolidation in global oil prices.
Meanwhile, Ethanol T2 FOB Rotterdam (Platts) Futures declined 0.29% to 680.00, reflecting mild pressure in biofuel markets.
Overall, the mixed trend across energy and industrial commodities suggests a balanced demand outlook, with coal and LPG showing strength while crude oil remains in consolidation mode amid steady global supply-demand dynamics.
