SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Views on the Rise and Rall of Fuel Oil on October 30

October 31 2019 17:27:43     SunSirs (Selena)

Commodity name: Fuel oil

Latest price (October 30, 2019): 4,590.00 RMB/ ton

Key points: the international crude oil shocks, the price of Fukuang shale oil rises, but the domestic demand of the shipburn market is limited, the overall trading is low, the wait-and-see mood is strong, The market is negtive, and the ship burning push up is weak.

Market forecast: it is expected that the price of fuel oil will be weak and stable in the short term.

 

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