According to the data of business agency, as of August 15, the average price of domestic fuel oil 180CST was 4662.50 yuan / ton (including tax), down 0.27% from 4675.00 yuan / ton on August 9.
On August 15, the fuel oil commodity index was 94.43, unchanged from yesterday, down 18.53% from the highest point of 115.91 in the cycle (October 17, 2018), and up 104.93% from the lowest point of 46.08 on August 15, 2016（ Note: period refers to the period from September 1, 2011 to now)
The decline of domestic marine oil raw materials has limited support for the cost of fuel oil 180CST. According to the business news agency, as of August 15, the quotation of 180 CST fuel oil and 120 CST fuel oil in Zhoushan was 4550 yuan / ton, and the quotation of 120 CST fuel oil was 4650 yuan / ton; The quotation of 180 CST self extracting low sulfur fuel oil in Shanghai is 4650 yuan / ton, and the quotation of 120 CST self extracting low sulfur fuel oil is 4750 yuan / ton.
International crude oil prices fluctuated, mainly due to the demand concerns caused by the repeated epidemic, the continuous spread of delta virus, the serious impact on the world’s major economies, the restart of restrictive measures in many countries, and the serious pressure on demand. IEA lowered its forecast of global oil demand for the rest of 2021 and predicted that supply will exceed demand again in 2022.
Singapore’s increased fuel stocks have limited support for fuel oil prices. It is understood that the Singapore enterprise development authority (ESG): as of the week of August 11, Singapore’s fuel oil inventory increased by 128000 barrels to a two-week high of 22.566 million barrels.
Future forecast: energy analysts of business society believe that the recent international crude oil price shock, the continued weak trend of marine oil market, low demand, no obvious favorable transactions, and some businesses give up profits for promotion, but the overall market transactions are relatively few, the market trading is light, the downstream procurement enthusiasm is low, and the demand is dominated. It is expected that the fuel oil 180CST market will operate weakly in the near future.
| Thiourea |