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    Home > Chemicals Industry > Petrochemical News > Institution: The oil price difference between high and low sulfur fuels is currently in a wide range of fluctuations You can choose a multi-high sulfur air and low sulfur strategy

    Institution: The oil price difference between high and low sulfur fuels is currently in a wide range of fluctuations You can choose a multi-high sulfur air and low sulfur strategy

    • Last Update: 2022-11-15
    • Source: Internet
    • Author: User
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    As of the night session, LU01 was quoted at 4770 yuan / ton, the discount Singapore 12 contract was 10.
    8 US dollars / ton, FU01 was reported at 2770 yuan / ton, and the discount Singapore December contract was 2.
    7 US dollars / ton.

    Singapore's fuel oil stocks rose by 105,000 barrels to 21.
    145 million barrels last week, domestic LU futures stocks were 58,120 tons yesterday, an increase of 5,990 tons, and FU futures stocks remained at 2,680 tons
    .
    For high sulfur, short-term floating warehouse storage falls, due to the foreign refined oil cracking collapse to bring a boost, the later stage is driven by a stronger valuation, bullish on the high sulfur market, for low sulfur, the recent international diesel cracking has fallen sharply, domestic spot inventories have risen, warehouse receipts have increased, resulting in a decline in low sulfur premium, the high and low sulfur price difference is currently in a wide range of fluctuations, and you can choose a multi-high sulfur air and low sulfur strategy
    .

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