September 11 news
According to the Spotcom AI assistant, as of September 10, 2026, the Chinese low-sulfur fuel oil 180CST spot market continued its upward trend, with the national mainstream self-pickup quotation range rising to 6800-7200 CNY/ton. Core sales regions such as Dalian, Shanghai, and Ningbo have seen their quotations increase for several consecutive days, and the shipment situation of enterprises remains stable. Based on the analysis of the average difference system, the current fuel oil price is in a clear upward channel, but the price has already reached a high level in the past year, so the subsequent room for increase is relatively limited.
I. Latest Spot Market Conditions
The latest available data is up to September 10, 2026, and it is recommended to refer to real-time data.
On September 10, the Chinese fuel oil market saw widespread price increases:
The spot price for 180cst fuel oil delivered at the Zhongran Dalian region, with low sulfur content, is quoted at 7,150 CNY per ton, up 150 CNY per ton from the previous trading day.
In the Shanghai region, China Gas’s spot quote for 180cst fuel oil with low sulfur content, available for self-collection, is RMB 6,800 per ton, up RMB 200 per ton from the previous trading day.
China National Offshore Oil Corporation (CNOOC) Ningbo region 180cst low-sulfur fuel oil self-pickup quotation is 6900 CNY/ton, an increase of 200 CNY/ton from the previous trading day. Shipments from enterprises in various regions are normal.
II. Analysis of the Mean Difference Index
1. Average Difference Change Table
| Average Difference Type | Value as of September 10, 2026 (CNY/ton) | Value as of September 9, 2026 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 257.50 | 210.00 | + |
| 10-day Average Difference (D10) | 77.50 | 57.50 | + |
| 20-day Average Difference (D20) | 140.62 | 115.62 | + |
2. Signal Status Judgment: Clear upward signal
3. Trend direction conclusion: Rising
Judgment Reason: The changes in the 5-day, 10-day, and 20-day periods are all consistently positive compared to the previous day, meeting the criteria for a clear upward trend.
III. Reference for Price Levels and Upside/Downside Potential
Fuel oil prices in China over the past year are in the 5th tier (high range), and the current price is approaching the peak of the cycle, with limited room for further increases.
IV. Historical Trend Reference
Five, Risk Warning
The above analysis is for reference only and does not constitute trading advice.
