According to the data of SunSirs, as of December 20, the average price of domestic fuel oil 180CST was 5,120.00 RMB/ ton (including tax), which was stable compared with that on December 18.
The high cost price of the ship fuel market supports the ship fuel market, but the international crude oil falls, the terminal demand is general, the wait-and-see mood is strong, and the transaction is light. The market price of fuel oil 180CST low sulfur is about 5,100-5,300 RMB/ ton, and the market price of fuel oil 120CST low sulfur is about 5,200-5,400 RMB/ ton. It is expected that China fuel oil 180CST market may be dominated by consolidation in the near future.
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