On May 17, the price of fuel oil 180CST was stable

According to the data of business agency, as of May 17, the average price of domestic fuel oil 180CST was 6410.00 yuan / ton (including tax), which was stable compared with the previous trading day, with a year-on-year increase of 37.85%.

 

The continuous rise of international crude oil prices has boosted the domestic ship fuel market. The price of raw materials in the domestic ship fuel market is strong, but at present, the market terminal demand is weak, the downstream purchasing sentiment is cautious, and the overall transaction in the market is light. At present, the low sulfur market price of fuel oil 180CST is about 6350-6450 yuan / ton, and the low sulfur market price of fuel oil 120cst is about 6450-6550 yuan / ton. It is expected that the fuel oil 180CST market may rise slightly in the near future.

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