Tank utilization at major East China ports hits 91.4%, a YTD high, driven by accelerated turnover of fuel oil and asphalt inventories; demurrage fees surge 18% day-on-day amid USD/CNY rising to 6.7117. Fuel oil futures up 4.70% to ¥4,119/t, signaling deteriorating regional logistics economics.

Fuel oil tank utilization at major East China bonded terminals reached 89.2%, a YTD high; front-month futures rose 0.93% to ¥3,900/t, while demurrage fees spiked 17% to $32,500/day. Asphalt loading wait times at East China refineries extended to 42 hours on average, straining regional logistics economics.