This week, Shanghai fuel oil prices remained volatile but ultimately rose, hitting a new annual high of 3,250 yuan per ton on Thursday. Compared to international crude oil prices, the fuel oil market has shown more stability, largely due to strong spot prices and improved price differentials between periods. Meanwhile, Singapore's fuel oil prices dipped slightly this week to $314 per ton, a 4% decline from last week. In contrast, New York crude oil futures and Shanghai fuel oil futures climbed by 3.4% and 1%, respectively. The price correlation between Singapore fuel oil, international crude, domestic fuel oil, and futures has improved, indicating a more rational and balanced market.
Currently, the main driver of fuel oil prices is the international crude oil market, and its influence is stronger than ever. According to customs data, China’s fuel oil imports fell for the seventh consecutive month in August, reaching only 1.96 million tons—a 10.3% drop compared to the same period last year. From January to August, total imports declined by 15.8% to 17.49 million tons. However, Russian fuel oil imports surged by 76.2% year-on-year to 616,073 tons in August, reflecting strong demand from small refineries. Recently, though, profit margins for these smaller players have shrunk, signaling a potential slowdown in demand.
On the other hand, the U.S. Department of Energy reported that Hurricane-related disruptions—Katrina and Rita—have caused at least 15% of refining capacity to be offline for several more weeks. This has kept supply concerns alive in the market. As refined product prices strengthened, crude oil prices pushed higher again, reclaiming the $63 support level and boosting bullish sentiment. Looking ahead, the crude oil market remains highly dependent on OPEC’s production decisions, but current conditions remain uncertain.
In the Huangpu market, fuel oil supply is tight with extremely low inventory levels. Additionally, import costs are still 150–200 yuan higher than futures prices. Given the ongoing upward trend in crude oil prices, the likelihood of further short-term increases in fuel oil prices is high. Moreover, the upcoming holiday season is likely to accelerate the convergence of futures and spot prices.
Truck Deer Guard
Deer Guard Bumper Guard is a protective device designed specifically for vehicles. It is mainly used to prevent wild animals such as deer from causing serious damage to the vehicle when colliding with the vehicle.
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Strong protection performance:
High-strength material: Made of high-strength materials such as high-quality steel, aluminum alloy or stainless steel, it can withstand greater impact and effectively protect the front face of the vehicle from collisions with wild animals such as deer. Scientific structural design: The carefully designed structure can effectively disperse the impact force when a collision occurs and reduce the degree of damage to the vehicle. For example, some models of deer guard bumper guards adopt a multi-layer protection structure to increase the reliability of protection.
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Accurate adaptability:
Wide range of vehicle models: Accurate design and measurement are carried out for different models to ensure perfect fit for various vehicles. Whether it is a compact car, a mid-size SUV or a heavy truck, you can find a suitable Deer Guard Bumper Guard product. Easy and fast installation: Equipped with detailed installation instructions and required installation accessories, the installation process is simple and fast, and no professional installation skills are required. Generally, car owners can complete the installation by themselves in a short time.
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Strong durability:
High-quality material guarantee: The selected materials have good corrosion resistance and wear resistance, and can be used for a long time under various harsh environmental conditions. Whether it is rain, snow, road salt or daily wear and tear, it will not have a significant impact on the performance and appearance of the product. Surface treatment process: After special surface treatment processes such as electroplating, spraying, etc., it not only enhances the beauty of the product, but also provides additional protection against scratches and rust.
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Fashionable appearance design:
Smooth and beautiful lines: The design focuses on the fashion and beauty of the appearance, with smooth lines, which complement the overall style of the vehicle. Not only can it provide effective protection, but also add a unique charm to the vehicle. A variety of colors are available: In order to meet the personalized needs of different car owners, a variety of color options are provided, such as black, silver, gray, etc., so that car owners can choose the right color according to their preferences.
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Guangzhou Dongsui Auto Accessories Co., Ltd. , https://www.dongsuiautoparts.com