实探｜“舟山价格”何以锚定国际船燃市场新坐标？

Core Viewpoint - The article highlights the emergence of "Zhoushan Price" as a significant pricing mechanism in China's shipping fuel market, which enhances market transparency and reduces reliance on international pricing [2][3][5]. Group 1: Introduction of Zhoushan Price - Zhoushan, located at the eastern edge of Hangzhou Bay, is a crucial shipping hub and the largest ship refueling port in China, with an annual refueling volume exceeding 7 million tons [2]. - The "Zhoushan Price" was established on June 21, 2021, based on the low-sulfur fuel oil futures price from the Shanghai Futures Exchange (SHFE), marking the first domestic pricing mechanism for ship fuel [2][3]. Group 2: Impact on Market Dynamics - The introduction of "Zhoushan Price" has improved market transparency and stability, enhancing operational efficiency for companies and expanding the application of fuel oil futures prices in the spot market [3][5]. - The participation of over 90% of companies in the Zhoushan ship fuel market in the low-sulfur seller pricing indicates the growing influence of "Zhoushan Price" [5]. Group 3: Integration of Futures and Spot Markets - Zhejiang Dazong, established in 2015, plays a pivotal role in promoting the integration of futures and spot markets in the Yangtze River Delta, facilitating the construction of a multi-layered trading market for bulk commodities [6][11]. - The collaboration between SHFE, Zhejiang Dazong, and industry players has led to the development of a comprehensive pricing index system and various trading models, enhancing the service to the real economy [11][12]. Group 4: Future Prospects - The ongoing development of "Zhoushan Price" aims to break international pricing barriers and elevate China's shipping fuel industry within the global value chain, indicating a commitment to continuous innovation and market collaboration [12].