August 28 news
According to the SpotCom AI assistant, this analysis is based on the latest spot data as of August 27, 2026, using the mean difference method. The current 180CST fuel oil in China is in a deep correction (bearish, corrective nature) phase with fluctuating operations. The price is in the high range of the past year, and the upside potential is limited. The following is the detailed analysis:
I. Recent Basic Market Data
Spot Price
On August 27, 2026, the self-pickup low-sulfur 180cst fuel oil price in China was in the range of 6100-6500 CNY/ton; on August 26, 2026, the self-pickup low-sulfur 180cst fuel oil price in China was 6100-6500 CNY/ton, with China National Offshore Oil Corporation (CNOOC) Ningbo region quoting 6250 CNY/ton, an increase of 100 CNY/ton from the previous trading day, and CNOOC Shanghai region quoting 6100 CNY/ton, a decrease of 150 CNY/ton from the previous trading day; on August 25 and 24, 2026, the self-pickup low-sulfur 180cst fuel oil price in China was in the range of 6000-6500 CNY/ton.
Import and export data
In July 2026, China's fuel oil export volume was 1.8683 million tons, with the cumulative export volume from January to July reaching 12.7343 million tons. In July, the import volume was 1.1238 million tons, and the cumulative import volume from January to July reached 10.4287 million tons.
II. Table of Mean Difference Changes
| Indicator | Value as of 2026.08.27 | Value as of 2026.08.26 | Direction of Change |
|---|---|---|---|
| 5-day average difference (D5) | 22.50 | 30.00 | - |
| 10-day average difference (D10) | 21.25 | 27.50 | - |
| 20-day average difference (D20) | 59.37 | 55.00 | + |
III. Signal Status Determination
The current average difference change combination is (－, －, ＋), which belongs to a deep correction (bearish, corrective nature) signal.
IV. Conclusion on Trend Direction
The current price trend is fluctuating. Reason: The change directions of the three averages (5-day, 10-day, and 20-day) compared to the previous day are not completely consistent, and do not meet the criteria for a clear upward or downward trend.
Five, Spatial Reference
Fuel oil prices in China over the past year have been in the 5th tier (high position) out of 5 tiers, with limited room for further increase.
6. Price Trend Chart for the Past Year
VII. Data Description and Risk Disclosure
The latest available data is up to August 27, 2026. It is recommended to refer to real-time data.
The above analysis is for reference only and does not constitute trading advice.
