September 10 news
According to the SpotCom AI assistant, this report is based on the analysis of variance method, combining recent Chinese fuel oil spot quotes, moving average data, and cyclical price positions. The current 180CST fuel oil spot market shows a clear upward trend, but the price is at a high point in the nearly 1-year cycle. Attention should be paid to the sustainability of the subsequent rise. The following are the specific analysis details:
Data Explanation
The most recent available data is up to September 9, 2026, and it is recommended to refer to real-time data.
I. Table of Mean Difference Changes
| Mean Difference Indicator | Value as of September 9, 2026 | Value as of September 8, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 210.00 | 0.00 | + |
| 10-day Mean Difference (D10) | 57.50 | 51.25 | + |
| 20-day Mean Difference (D20) | 115.62 | 96.25 | + |
II. Signal Status Determination
The current three differences compared to the previous day are all in the same positive direction, which is a clear signal of an increase.
Three, Conclusions on Trend Directions in China
The current price trend for fuel oil 180CST is clearly upward.
Reason: According to the rules of the average difference method, the changes in the 5-day, 10-day, and 20-day average differences compared to the previous day are all positive, indicating a completely consistent upward trend, which meets the criteria for a clear upward trend. At the same time, there is also support from the spot price end: from September 4 to 7, the self-pickup quotation range for Chinese 180CST low-sulfur fuel oil remained stable at 6,400-6,800 CNY/ton. On September 8, it increased to 6,500-6,900 CNY/ton, and on September 9, it further increased to 6,500-7,000 CNY/ton. Dealers in multiple regions continuously raised their quotations, with the highest single-day increase in Shanghai, Ningbo, and Qingdao reaching 400 CNY/ton, indicating a strong sentiment for spot price increases.
IV. Positional Spatial Reference
The current fuel oil price is in the 5th tier (high) of the 1-year cycle, with limited room for further increases, and the momentum for continued upward movement may marginally weaken.
V. 1-Year Price Trend Chart
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
