Bitumen front-month contract surged 3.49% to CNY 5,284/t—the highest in three weeks—fueled by peak-season infrastructure demand and refinery maintenance-driven supply constraints in East China.

Bitumen front-month rose 3.12% to CNY 4,886/t — a 3-week high — driven by robust infrastructure demand in East China and refinery maintenance tightening physical supply.

Bitumen front-month reached CNY 4,766/t (+3.61%), the second-highest level of 2026. Strong infrastructure demand in China and Southeast Asia — combined with a 10-day maintenance shutdown at two major East China refineries — tightened near-term supply.

Bitumen front-month reached CNY 4,766/t (+3.61%), the second-highest level this year. Strong Q4 demand from road maintenance and Southeast Asian infrastructure projects — combined with autumn refinery maintenance in East China — tightened near-term supply, shifting the curve to contango.

Bitumen front-month closed at CNY 4,650/t (+3.38%), supported by refinery maintenance in East China and peak-season road construction demand. Spot premiums widened to CNY 210/t, lifting near-term sentiment.

Fuel oil front-month closed at CNY 4,963/t (+3.48%), hitting a 3-week high. Strong bunkering demand in Asia and refinery outages in Singapore tightened physical supply.

Bitumen front-month contract rose 1.75% to CNY 4,546/t — the only gaining energy-chemical commodity this week. Q4 infrastructure maintenance and municipal projects, plus refinery outages in Shandong and Liaoning, tightened physical supply.

Bitumen front-month contract rose 1.75% to CNY 4,546/t — the only rising energy-chemical commodity this week. Accelerated Q4 infrastructure projects and refinery maintenance have tightened physical supply, with East China port inventories at a three-year low.

East China base oil refineries undergoing concentrated October maintenance: domestic N500 spot at ¥6,270/t, +CNY820 above import benchmark ¥5,450/t; fuel oil +3.71% signals rising heavy-feedstock cost; USD/CNY down 0.05%, slightly easing import settlement pressure.