Bitumen front-month contract fell 0.61% to ¥4,903/ton—the largest daily drop this week—as rainfall in East China delays road construction, weakening spot demand.

Fuel oil fell 2.04% on 6 September while bitumen held; by the 8th fuel oil rose 4.97% to RMB 3,988/t and bitumen 4.38% to RMB 5,002/t, both at new highs. Across three sessions the two curves moved from divergence to resonance, indicating the 6th was a sentiment-driven pullback and heavy-product demand has repaired.

On Sep 8, 2026, China's benchmark bitumen futures rose 2.80% to ¥4,926/ton—the highest in three weeks—amid rising infrastructure project starts; procurement window is narrowing for Q3.

Main contracts for Fuel Oil and Bitumen both rose 3.71% and 3.76%, indicating continued recovery in industrial demand.

The front-month bitumen contract surged to 4926 CNY/t, indicating active infrastructure investment.

Bitumen front-month contract closed at 5002 CNY/t, rising 4.38% on the day, reflecting strong market demand.

On 7 September the bitumen front-month contract printed RMB 4,879/t, up 2.11% and the highest since June. East China paving season run rates recovered just as refinery output contracted, tightening spot availability and closing the end-user procurement window.

Bitumen front-month contract surged 2.11% to ¥4,879/ton — highest since June — as peak road-construction demand in East China meets reduced refinery output and tighter spot availability.

The front month contract for Bitumen was quoted at 4879 CNY/t, with a daily gain of 2.11%. The rise was mainly driven by increased infrastructure investment and supply constraints.

Bitumen front-month contract at ¥4,779/t (+0.53%), rising for three consecutive days and nearing August’s high; peak road construction season in East China and tightening refinery output may widen spot premiums.

The front month contract for Bitumen was quoted at 4769 CNY/t, up 0.32% from the previous trading day. Improved expectations for infrastructure investment have driven the price increase.

Fuel Oil front month contract dropped to 3862 CNY/t, down 0.05%. Bitumen rose 0.50%, while Natural Rubber climbed 0.53%.

Bitumen front-month contract prices increased to 4779 CNY/t, up 0.53% from the previous trading day. Continued improvement in infrastructure investment has boosted market confidence.

On Sep 3, Brent settled at $95.86/bbl (+0.14%) and WTI at $91.11/bbl (+0.14%), steadying after recent volatility. Downstream softened in tandem: fuel oil front-month at ¥3,929/t (-1.06%) and bitumen at ¥5,005/t (-0.87%); the bitumen–fuel oil spread narrowed to ¥1,076/t, down ¥70 from the Sep 1 high of ¥1,146, reflecting how accelerated quota release and faster documentation are compressing arb premiums.

Bitumen front-month contract prices fell 2.22% to 4937 CNY/t, with market concerns about the balance of supply and demand increasing.

Bitumen front-month contract price at 4937 CNY/t, down 2.22% from previous day, with market taking a cautious stance on future trends.

Bitumen front-month contract settled at ¥5,054/t (+3.06%), hitting a three-week high; alongside Brent’s +0.06% gain, demand support from peak road-construction season is strengthening, with accelerated ex-warehouse turnover in East China.

On Sep 1, bitumen futures stood at CNY 4,934/t and fuel oil at CNY 3,788/t, widening the spread to CNY 1,146/t — the highest since Jan 2026 (+5.1% w/w). Key drivers: East China asphalt plant utilization rose to 68.3%, while low-sulfur fuel oil export quotas tightened and Singapore’s ARA stockpiles fell 2.1%. We recommend immediate bitumen procurement to lock in refining margin window.

Bitumen front month contract hit 4929 CNY/t, rising 4.08% on supply constraints.

The main contract for Bitumen is quoted at 4871 CNY/t, up 2.85% from the previous day. Market expectations suggest a tighter supply in the coming period.

In the 31 August morning session Brent held at $89.27/bbl (-0.01%) and WTI at $84.40/bbl (-0.02%), leaving crude broadly steady, yet downstream products diverged: fuel oil fell 0.54% to RMB 3,650/t while bitumen rose 0.30% to RMB 4,610/t, widening the spread to RMB 960/t. We unpack the tug-of-war between off-season bunker demand and peak road construction, and set out a staged price-locking approach.

This morning front-month fuel oil printed ¥3,650/t (-0.54%) against bitumen at ¥4,610/t (+0.30%), widening the spread to about ¥960/t; platform reference prices for base oil, paraffin wax and petroleum coke stand at ¥7,939, ¥7,983 and ¥2,383/t respectively. Qingdao is building a smart regulatory service platform for international vessel bunkering while deepening 'one ship, multiple suppliers' and cross-terminal bonded bunker supply; Zhoushan targets 55 million cubic metres of oil storage by 2030 and greater influence for its fuel oil price index. Terminal choice and sampling cycles are shifting from compliance items to cost items, reshaping quote structures across SNSUC's petroleum-products line.