October 12th News
According to the Spotcom AI assistant, the key conclusion of this period's 180CST fuel oil market is: The current 180CST fuel oil spot price is in the high range for the near 1-year, 3-month, and 60-day cycles. The mean difference signal indicates a weak rebound (bearish) oscillation pattern, with limited short-term upside potential. Attention should be paid to the impact of upstream crude oil price fluctuations on the cost side.
The latest available data is up to October 11, 2026. It is recommended to refer to real-time data.
I. Recent Spot Price Quotes
On October 10, 2026, and October 9, 2026, the self-pickup low-sulfur quotes for 180cst fuel oil in China remained stable at 7400-8000 CNY/ton, and the self-pickup low-sulfur quotes for 120cst fuel oil in China remained stable at 7500-8100 CNY/ton.
On October 8, 2026, the Chinese fuel oil market showed a downward trend. The self-pickup low-sulfur 180cst fuel oil price in Qingdao, China National Offshore Oil Corporation (CNOOC) was 7800 CNY/ton, a decrease of 100 CNY/ton from the previous trading day; the self-pickup low-sulfur 180cst fuel oil price in Shanghai, CNOOC was 7450 CNY/ton, a decrease of 200 CNY/ton from the previous trading day, and the self-pickup low-sulfur 120cst fuel oil price was 7550 CNY/ton, also a decrease of 200 CNY/ton from the previous trading day; on that day, the mainstream quotation range for self-pickup low-sulfur 180cst fuel oil in China was 7400-8000 CNY/ton.
II. Analysis of the Mean Difference Indicator
Table of Finite Differences
| Difference Type | Value on October 11, 2026 | Value on October 10, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -15 | -30 | + |
| 10-Day Difference (D10) | -30 | -22.5 | - |
| 20-Day Difference (D20) | 3.75 | 9.37 | - |
Signal status determination
Three combinations of changes in differences are (+, -, -), which is a weak rebound (bearish) signal.
Trend Direction Conclusion
The current price trend is oscillating, because the direction of change in the three averages compared to the previous day is not entirely consistent, and does not meet the criteria for a clear upward or downward trend.
III. Price Position and Spatial Reference
Fuel oil prices for 60-day, 3-month, and 1-year periods are all at high levels, corresponding to the 5th tier out of 5 tiers, indicating limited room for further increases.
IV. 1-Year Price Trend Chart
5. Risk Warning The above analysis is for reference only and does not constitute trading advice.
