ResearchIndustry Insights2026-10-13
Fuel Oil Tankage Tightness in East China Lifts Demurrage
Fuel oil futures surged 4.23% to ¥4,661/t, signaling acute tankage stress in East China; bonded warehouse capacity utilization in the region remains elevated; demurrage fees have risen notably. Asphalt’s -1.57% move confirms deteriorating regional arbitrage economics.