燃料油：环比前期转弱，波动继续放大，低硫燃料油：持续强于高硫，外盘现货高低硫

Group 1: Report Title and Core Theme - The report is titled "Fuel Oil: Weakening Compared to the Previous Period, with Fluctuations Continuing to Widen; Low-Sulfur Fuel Oil: Continuing to Outperform High-Sulfur, and the Spread between High and Low Sulfur in the Spot Market of the Outer Market Rebounding Again" [1] Group 2: Fuel Oil Fundamental Data Futures Prices - FU2511 closed at 2,968 yuan/ton, down 0.07% from the previous day, and the settlement price was down 1.30% [1] - FU2512 closed at 2,827 yuan/ton, down 1.30%, and the settlement price was down 1.15% [1] - LU2511 closed at 3,231 yuan/ton, unchanged from the previous day, and the settlement price was down 1.58% [1] - LU2512 closed at 3,254 yuan/ton, down 1.58%, and the settlement price was down 0.98% [1] Futures Trading Volume and Open Interest - The trading volume of FU2511 was 3 lots, a decrease of 165 lots, and the open interest was 4,849 lots, a decrease of 3 lots [1] - The trading volume of FU2512 was 4,074 lots, a decrease of 822 lots, and the open interest was 5,932 lots, a decrease of 822 lots [1] - The trading volume of LU2511 was 22 lots, an increase of 19 lots, and the open interest was 3,092 lots, a decrease of 22 lots [1] - The trading volume of LU2512 was 17,998 lots, a decrease of 5,486 lots, and the open interest was 17,703 lots, a decrease of 3,970 lots [1] Warehouse Receipts - The total warehouse receipts of fuel oil in the whole market were 37,890 tons, with no change, and the warehouse receipts of low-sulfur fuel oil were 4,960 tons [1] Spot Prices - Singapore FOB: The price of 3.5%S was 372.7 US dollars/ton, down 2.70%, and the price of 0.5%S was 437.2 US dollars/ton, down 1.05% [1] - Singapore Bunker: The price of 3.5%S was 385.0 US dollars/ton, down 2.28%, and the price of 0.5%S was 451.0 US dollars/ton, down 0.66% [1] Price Spreads - FU11 - 12 spread: The settlement spread was 143 yuan/ton, and the difference from the previous day was 2 yuan/ton [1] - LU11 - 12 spread: The settlement spread was -15 yuan/ton, and the difference from the previous day was 8 yuan/ton [1] - LU11 - FU11 spread: The settlement spread was 263 yuan/ton, with no change from the previous day [1] - FU2510 - Singapore MOPS (3.5%S) spread: The spread was 322.5 yuan/ton, an increase of 71.4 yuan/ton from the previous day [1] - LU2510 - Singapore MOPS (0.5%S) spread: The spread was 127.4 yuan/ton, an increase of 33.1 yuan/ton from the previous day [1] - Singapore MOPS (0.5%S - 3.5%S) spread: The spread was 64.5 US dollars/ton, an increase of 5.7 US dollars/ton from the previous day [1] Group 3: Trend Intensity - The trend intensity of fuel oil is 0, and the trend intensity of low-sulfur fuel oil is also 0, indicating a neutral view [1]