Group 1 - Fuel oil futures experienced a sharp decline, with the main contract dropping to a low of 2663.00 yuan, closing at 2692.00 yuan, a decrease of 4.13% [1] - South China Futures reported that the low-sulfur cracking margins have weakened due to increased Kuwaiti exports, leading to an overall ample supply and stable demand, with a slight boost from declining inventories [2] - Everbright Futures indicated that the supply of fuel oil remains sufficient, with high volumes of arbitrage cargoes arriving from the West, while demand is expected to rise before the Spring Festival [3] Group 2 - Dayue Futures noted that geopolitical risks are easing, leading to stabilization in crude oil prices, which has resulted in a slowdown in the decline of fuel oil prices, with expectations of trading within specific ranges [4]
2月市场需求淡季 燃料油期货盘面后续有一定压力
Jin Tou Wang·2026-02-03 06:01