SunSirs--China Commodity Data Group

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SunSirs: Fuel oil 180CST price cut

April 14 2022 13:47:13     

According to the data of SunSirs, as of April 13, the average price of domestic fuel oil 180CST was 6370.00 RMB/ton (including tax), down 0.31% from the previous trading day and up 42.75% year-on-year.

International crude oil prices have risen and the cost of ship fuel market is high. Today, the ship fuel market is mainly stable temporarily. Affected by the epidemic, the transportation of ship fuel market is blocked, the market demand is low, the transaction is light, and the market wait-and-see mood is strong. At present, the low sulfur market price of fuel oil 180CST is about 6400 RMB/ton, and the low sulfur market price of fuel oil 120cst is about 6500 RMB/ton. It is expected that the fuel oil 180CST market may be dominated by weakness in the near future.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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