Bunker oil Prices, markets & analysis
Stay abreast of the Chinese bunker oil markets.
From pricing information to the analysis you need to understand it, ICIS coverage of China bunker oil markets is second to none.
Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- Determine settlement and contract terms
Now availiable: Comprehensive data on over 300 commercial oil terminals in China
Bunker oil China Transcript
The China Bunker Market weekly report provides real time and daily coverage of Asia’s Bunker market, but focuses more on the China market. It provides bunker prices and market summaries of mainland China’s major ports as well as Singapore, Hong Kong, Taiwan, South Korea and Japan.
It also reports on China’s bunkering margin and price comparisons as well as shaping fixtures. Market news, price trends, supply and demand, shipping and storage and government policies are also included.
Thanks to close communication with key Asian bunker players, government and national contacts, we can find out about timely offers and bids and deals. This report gives our subscribers a valuable source of information to help them predict market conditions.
Bunker oil news and market information products from ICIS
We offer the following regional Bunker oil coverage to keep you informed of factors and developments affecting prices in the China Bunker oil marketplace.
Price Reporting – More information about the price reports we publish on Bunker oil
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
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News & analysis
News & Analysis - News & market analysis specifically relating to Bunker oil
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
China’s bunker oil prices largely rose from August to October, when demand and supply went on an upward trend. The monthly average price for 380cst high sulphur fuel oil rose from $635/tonne in August to $645/tonne in October.
In terms of demand, the Baltic Dry Index (BDI) for international freight saw a sharp rise and reached 1554 in the third quarter. This showed that freight rates had increased over the three months, which allowed shipowners to buy more bunker oil to meet the higher demand.
Supply, on the other hand, increased. Brightoil Petroleum started supplying bonded bunker oil to the ports of Zhoushan and Qingdao in the third quarter of this year. As the company was the fourth supplier to enter the market, competition among the ports intensified.
As a result, overall third-quarter demand for bunker oil was offset by the increase in supply, leading to only a marginal rise in prices.
Updated to mid-November 2013
ICIS C1 Energy bunker market coverage provides readers with unrivalled pricing information and insights into Asia's bonded bunker markets.
Subscribers receive a daily market snapshot, including prices and news of 11 Chinese mainland ports and 19 Asian markets, including Singapore, South Korea, Japan, Hong Kong, along with a weekly market report.
The report offers information on the latest developments and news on bunker and bunker-related markets in China and across Asia. It supplies readers with price comparisions fo 29 ports week on week, in-depth analysis on key bunker news, margin analysis of bonded bunker supply and spread analysis of bonded bunker fuel oil prices in China, Singapore, Hong Kong, South Korea and Japan.
Readers can also benefit from reading a market commentary on China's bunker market, including mainland bonded bunker, internal-trade bunker, and Hong Kong and Taiwan bunker along with China's bunker shipping fixtures. The report also covers the shipping market, publishing information on the China export container market, and the international bulk dry and dirty cargo shipping market.
ICIS offers an unmatched historical data series thanks to its pioneering work on the energy markets. Whether you are looking to build pricing models, analyse past trends or strengthen your risk management strategy, ICIS's historical data will help you make better decisions and complete your data archive.
Our historical pricing information includes price assessments, indices and trades and - for some markets - stretches as far back as 1994. Our historical data suite can provide you with: price assessments and trades for Europe's most liquid hubs; benchmark indices series for flagship NBP market; unrivalled price history for seven European power markets; LNG price assessments, pool prices and trades; detailed pricing information for the crude oil, carbon and coal markets; tailored packages to suit your needs.
For further information on how to access the data, please call the sales team on +44 (0)20 7911 1919.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Bunker oil, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.