Group 1 - The domestic futures market for fuel oil showed a positive trend, with the main contract opening at 2395.00 CNY/ton and reaching a high of 2449.00 CNY, marking a 1.50% increase [1] - As of December 10, Singapore's fuel oil inventory rose by 503,000 barrels to a 13-week high of 26.062 million barrels [2] - The Ministry of Commerce announced the import quota for non-state trade of fuel oil for 2026 will be set at 20 million tons [2] Group 2 - Southwest Futures indicated that the ample supply of fuel oil in Asia is putting downward pressure on prices, with weak crude oil trends further weakening fuel oil prices [2] - Despite high freight costs making arbitrage between East and West unfeasible, the supply of low-sulfur fuel oil in Asia is expected to remain abundant through December and January [3] - The high-sulfur fuel oil market is also facing ample supply, with significant inflows from the Middle East, although downstream demand appears weak [3]
下游船用加注活动相对稳定 燃料油反弹空间较大
Jin Tou Wang·2025-12-15 08:05