The front month contract of fuel oil priced at 3960 CNY/t today, rising for the third consecutive day with a gain of 1.72%.

Fuel oil price increased slightly to 3895 CNY/t, with the front month contract remaining stable. Market trading activity is moderate.

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.

Fuel oil futures closed at ¥3,877/ton (+2.05%)—the largest daily gain since August—as Singapore LSFO stocks fell to 21.4 million barrels and Middle East power demand rises seasonally; importers should align vessel schedules with bonded warehouse capacity.

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

The front-month fuel oil contract climbed to 3877 CNY/t, reflecting sustained industrial demand growth.

Fuel oil front-month contract closed at 3988 CNY/t, surging 4.97% on the day, mainly influenced by supply and demand dynamics.

The front month contract for Fuel Oil was quoted at 3880 CNY/t, up 0.21% compared to the previous trading day. Market attention is focused on supply-side developments.

On 6 September Brent settled at $95.93/bbl, up 0.43%, while the fuel oil front-month contract fell 2.04% to RMB 3,793/t, its largest single-day drop of the week. Feedstock up, product down: the crack spread compressed from both ends, a direct read on softening bunker demand.

Fuel oil front-month contract fell 2.04% to ¥3,793/ton—the steepest daily drop this week; weakness persisted despite rising Brent crude, signaling softer shipping demand outlook and potentially extending inventory replenishment windows for bonded marine fuel buyers in South China.

Fuel oil front-month at ¥3,793/t, -2.04%, the steepest daily drop this week. Weakening on its own while Brent firms—a clear signal shipping demand is softening.

Fuel oil front-month contract fell 2.04% to ¥3,793/ton—the steepest daily decline this week—reflecting slower bunker replenishment and seasonal softening in Middle East power demand, widening importers’ negotiation leverage.

Fuel oil front-month contract closed at 3793 CNY/t, down 2.04% from the previous day. Market sentiment remains weak with subdued demand.

Fuel oil front month contract fell to 3793 CNY/t, down 2.04% from the previous session. Market sentiment remains cautious about downstream demand.

Fuel oil front-month contract closed at ¥3,900/t, up 0.93% — the strongest daily gain this week; combined with rising USD/CNY, FX conversion costs for importers increased; recommend monitoring hedging opportunities for September shipment windows.

The front month contract for Fuel Oil was quoted at 3841 CNY/t, down 0.60% from the previous trading day. Concerns over demand-side factors have affected the price trend.

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

Fuel oil front-month contract prices climbed to 3900 CNY/t, up 0.93% from the previous trading day. Increased refinery operations have boosted demand.

Fuel oil front-month printed ¥3,929/t (-1.06%), a six-week low, while bitumen sat at ¥5,005/t (-0.87%), holding the bitumen–fuel oil spread at ¥1,076/t. With bunker demand shifting structurally from high- to low-sulphur and crude up a mere 0.12%, the pricing tension in fuel oil has moved from 'following crude' to 'bonded tank capacity and laycan rhythm'.

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.

Fuel oil front-month contract prices fell 3.98% to 3813 CNY/t, reflecting weak downstream demand and inventory pressure.

Fuel oil front-month contract closed at ¥3,929/t, down 1.06% — third consecutive decline; combined with modest Brent/WTI gains, cracking margins face pressure, suggesting opportunistic restocking for coastal power plants and bunkering users.

Fuel oil front-month contract price at 3813 CNY/t, down 3.98% from previous day, with weak demand dragging overall trend.

Fuel oil front-month contract closed at ¥4,001/t, up 5.04%—its largest daily gain this week; with USD/CNY rising 0.04%, landed cost pressure edged higher—buyers advised to monitor hedging opportunities for September shipments.

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.

The main contract for Fuel Oil is quoted at 3786 CNY/t, up 1.28% from the previous day. The increase is mainly driven by support from international oil prices and improved demand.