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SunSirs: Fuel Oil Market Weekly Report (3.27-4.3)

April 03 2023 13:54:23     

On April 3, the benchmark price of fuel oil in SunSirs was 5404.00 RMB/ton, which was the same as that at the beginning of this month.

SunSirs analysts believe that the current ship fuel market is in a strong wait-and-see mood, and the market mixing cost is mixed; the terminal demand in the ship supply market is weak, the replenishment capacity is limited, and the transaction is mainly based on rigid demand, and the overall transaction is light. At present, the market price of 180CST low-sulfur fuel oil is about 5200-5500 RMB/ton, and the market price of 120CST low-sulfur fuel oil is about 5300-5600 RMB/ton. It is expected that the fuel oil 180CST market will be mainly organized in the near future.

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

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