SunSirs: On May 10, the price of fuel oil 180CST remained stable
May 11 2022 09:26:41According to the data of SunSirs, as of May 10, the average price of domestic fuel oil 180CST was 6320.00 RMB/ton (including tax), which was stable compared with the previous trading day, with a year-on-year increase of 39.28%.
The international crude oil price fell, and there was a strong wait-and-see mood in the ship fuel market. Today, the ship fuel price was basically stable, the market just needed to purchase, and the overall transaction was light. At present, the low sulfur market price of fuel oil 180CST is about 6300-6400 RMB/ton, and the low sulfur market price of fuel oil 120cst is about 6400-6500 RMB/ton. It is expected that the fuel oil 180CST market may be dominated by consolidation in the near future.
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