On January 29, China Gas quoted the ex-factory price for low-sulfur 180cst fuel oil in Qingdao at 5,750 yuan/ton, an increase of 50 yuan/ton from the previous trading day. PriceSeek analysis of fuel oil, with a long-short score of 1: The spot price of low-sulfur 180cst fuel oil in Qingdao rose by 50 yuan/ton to 5,750 yuan/ton, indicating tight market supply or increased demand, which directly supports spot prices. In the futures market, the main contract 2605 closed at 2,815 yuan/ton, up 85 yuan, with open interest increasing by 8,131 lots, reflecting strong bullish sentiment. Other near-month contracts, such as 2606 and 2607, also generally rose, with gains ranging from 67 to 86 yuan, and overall positive changes in open interest, further reinforcing the upward trend in futures prices. Considering both the spot price increase and futures data, this news has a generally positive impact on fuel oil prices, though the magnitude of the increase does not reach a significant level.