China’s 10-Year Bond Futures at 108.000, 30-Year Futures Down 1% Amid Mixed Commodity Prices

China's government bond futures experienced declines amid ongoing market volatility on August 18, 2025. The 10-year government bond futures fell by 0.3% to 108.000. Meanwhile, the 30-year Treasury futures contracts for September delivery dropped by approximately 1%. Commodity futures in China opened mixed on the same day, with lithium carbonate rising 3.7%, polysilicon increasing 2%, and the freight index up 1.5%. Conversely, INE crude oil futures declined by 1.5%. Other metals showed modest gains, including Shanghai silver (up 0.25%), tin and copper (each up 0.2%), gold (up 0.16%), and nickel (up 0.12%), while zinc and aluminum futures decreased by 0.6% and an unspecified amount, respectively. Additionally, Japanese Government Bond (JGB) futures also fell, influenced by declines in U.S. Treasury yields.