August 27 news
According to the Spotcom AI assistant, this report is compiled based on the latest import and export data from the General Administration of Customs, China's spot market quotes, and the average difference analysis framework. The current 180CST fuel oil spot price in China is in the highest range of the past year, with a short-term signal indicating a stagnation warning (bearish), showing an overall fluctuating trend for industry participants' reference.
The latest available data is up to August 26, 2026, and it is recommended to refer to real-time data.
I. Latest Industry and Spot Data
Import and Export Data: According to data released by the General Administration of Customs of China on August 24, 2026, China's fuel oil export volume in July 2026 was 1.8683 million tons, with the cumulative export volume from January to July reaching 12.7343 million tons. In July, China's fuel oil import volume was 1.1238 million tons, and the cumulative import volume from January to July reached 10.4287 million tons.
Spot price situation:
On August 26, the self-pickup price range for low-sulfur 180cst fuel oil in China was 6100-6500 CNY/ton, an increase from the previous trading day's range.
In terms of regional quotes, on August 26, the self-pickup low-sulfur 180cst fuel oil price in Ningbo, China was 6250 CNY/ton, an increase of 100 CNY/ton from the previous trading day; the self-pickup low-sulfur 180cst fuel oil price in Shanghai, China was 6100 CNY/ton, a decrease of 150 CNY/ton from the previous trading day.
II. Market Analysis Using the Central Difference Method
Difference Table of Means
| Mean Deviation Indicator | Value as of August 26, 2026 | Value as of August 25, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Mean Deviation (D5) | 30.00 | 0.00 | + |
| 10-day Mean Deviation (D10) | 27.50 | 33.75 | - |
| 20-day Mean Deviation (D20) | 55.00 | 49.37 | + |
Signal status determination
The current combination of the three differences in change direction is (+, -, +), corresponding to a stagflation warning (bearish) signal.
Trend Direction Conclusion
The current price trend is oscillating, with the rationale being: the directions of change for the three average differences from the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. This indicates an oscillating range. Additionally, there is a warning signal of stagnation, suggesting a short-term bearish trend.
Spatial reference of location
Fuel oil prices in China over the past year are at the 5th level (high), with limited room for further increases.
Trend chart display
Three, Industrial Chain Tips
The upstream products of the fuel oil industry chain are shale oil and crude oil, while the downstream products are diesel, gasoline, and carbon black. Price fluctuations in the upstream and downstream sectors will have a transmission effect on the price of fuel oil in China.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
