Core Viewpoint - Fuel oil futures experienced a rapid increase, with the main contract peaking at 3276.00 yuan, closing at 3260.00 yuan, reflecting a rise of 2.87% [1] Group 1: Market Analysis - According to Ruida Futures, fuel oil prices are expected to primarily follow cost fluctuations due to ongoing geopolitical risks, including the unresolved Israel-Iran conflict and upcoming negotiations between Russia and Ukraine [2] - The demand for fuel oil is supported by the approaching summer travel peak in the U.S., while domestic supply remains low due to maintenance at the Binzhou refinery [2] - The supply of high-sulfur fuel oil is tight, leading to increased prices for supply vessels, while overall demand improvement is limited [2] Group 2: Short-term Outlook - Dayue Futures indicates that short-term geopolitical tensions are high, contributing to a generally strong performance in fuel oil [3] - The cash price spread for marine fuel has narrowed due to weak demand in the spot market, while Singapore's commercial fuel oil inventory has reached a seven-week high [3] - The expected price range for FU2509 is between 3250-3350 yuan, and for LU2508, it is between 3800-3900 yuan, indicating a strong market outlook [3]
以色列伊朗冲突尚未结束 燃料油期货偏强运行
Jin Tou Wang·2025-06-16 07:12