On January 6th, the domestic fuel oil market experienced a slight decline. The ex-factory low-sulfur quotations for 180cst fuel oil ranged from 5,000 to 5,400 yuan per ton, while the ex-factory low-sulfur quotations for 120cst fuel oil ranged from 5,100 to 5,500 yuan per ton. PriceSeek's analysis of fuel oil indicates a bearish score of -1. The report notes that on January 6th, domestic spot prices for fuel oil showed a slight downward trend, with low-sulfur 180cst quoted at 5,000–5,400 yuan per ton and low-sulfur 120cst at 5,100–5,500 yuan per ton. This suggests ample supply or weak demand in the spot market, leading to downward price pressure. Combined with futures data, fuel oil futures contracts generally declined on January 5th. For instance, the settlement price for the 2611 contract was 2,406 yuan per ton (a change of -16 yuan), and the settlement price for the 2610 contract was 2,419 yuan per ton (a change of -11 yuan). Changes in trading volume and open interest indicate a continuation of bearish sentiment in the market. The simultaneous decline in both spot and futures prices reinforces the bearish signal, resulting in a generally bearish rating.