September 9th News
According to the Spotcom AI assistant, the recent spot market for 180CST fuel oil in China has been strong. On September 8, 2026, the mainstream self-pickup low-sulfur quotation range in China was 6500-6900 CNY/ton, an increase of 100 CNY/ton from September 7. The quotations in the Ningbo and Shanghai regions of China National Offshore Oil Corporation (CNOOC) were respectively increased by 250 CNY/ton and 150 CNY/ton, with normal sales from enterprises. From the perspective of the average difference indicator, the current market is in a stage of fluctuation with a strong bias, with prices in the high range over the past year. Subsequently, it will be necessary to closely monitor the upstream crude oil price fluctuations and changes in downstream shipping and refining demand.
Post-correction analysis content
1. Mean Difference Change Table
| Average Difference Type | Value as of September 8, 2026 (CNY/ton) | Value as of September 7, 2026 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 0.00 | 0.00 | Unchanged |
| 10-day Average Difference (D10) | 51.25 | 71.25 | - |
| 20-day Average Difference (D20) | 96.25 | 92.50 | + |
2. Signal Status Judgment
The current signal is in a strong consolidation (bullish): the short-term 10-day average difference has slightly declined, while the long-term 20-day average difference continues to rise, showing a strong oscillation characteristic with short-term bearish and long-term bullish trends.
3. Trend Direction Conclusion
The current trend is a bullish consolidation: the directions of the three mean differences are not completely consistent, which does not meet the criteria for a clear uptrend or downtrend, thus it is judged as a consolidation; at the same time, the 20-day mean difference has been continuously rising, indicating a stronger long-term trend.
4. Position Space Reference
Fuel oil prices for 60-day, 3-month, and 1-year periods are all in the 5th tier (high range), with limited room for further short-term increases.
5. 1-Year Trend Chart Display
6. Data Explanation
The most recent available data is up to September 8, 2026, and it is recommended to refer to real-time data.
7. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
