September 20th news
According to the Spotcom AI assistant, this report uses the mean difference method to analyze the trend of 180CST fuel oil spot prices. Currently, the spot price of fuel oil is at a high level within a nearly 1-year cycle. The mean difference signal indicates that the market is in a strong consolidation and fluctuation pattern. In the short term, there is strong support for the bulls, but the upside potential is limited, and one should be cautious of the risk of a pullback from the high levels.
Data note: The latest available data is up to September 19, 2026. It is recommended to refer to real-time data.
I. Table of Finite Differences
| Mean Difference Indicator | Value as of September 19, 2026 (CNY/ton) | Value as of September 18, 2026 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 50.00 | 117.50 | - |
| 10-Day Mean Difference (D10) | 211.25 | 208.75 | + |
| 20-Day Mean Difference (D20) | 328.12 | 318.75 | + |
II. Signal State Determination
The current average difference change combination is (－, ＋, ＋), corresponding to a strong consolidation signal (biased towards bullish).
III. Conclusions on Trend Directions
The current price trend is choppy.
Reason: The 5-day average difference decreased compared to the previous day, while the 10-day and 20-day average differences increased. The directions of change for these three indicators are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. Therefore, it is judged to be in a consolidation pattern, with a bullish bias indicating strong short-term support at lower levels.
IV. Positional Spatial Reference
The current fuel oil price is in the 5th tier (high) for the 60-day, 3-month, and 1-year periods, indicating limited upside potential. If there is a lack of fundamental support, there is a possibility of a decline from the high levels.
Five, 1-year trend chart display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
