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低硫燃料油期货合约交易操作手册2020——Key Quality Metrics

时间:2026-04-30

China’s current national standard GB/T 17411-2015 for marine fuel 

was made based on ISO 8217. It is a mandatory standard covering 

such major technical indicators as kinematic viscosity, sulfur content, 

hydrogen sulfide, flash point, moisture, acid value, and total sediment.

Kinematic viscosity. This is the most important performance indicator 

for fuel oil and also the main criterion by which fuel oil is graded. 

Kinematic viscosity measures a fluid’s resistance to flow and its value 

indicates how easily fuel oil can flow, be pumped and atomized. The 

unit of kinematic viscosity is mm2

/s.

Sulfur content. The sulfur content in residual fuel depends on that of 

the blending components and is classified by concentration into levels 

I, II, and III. Starting from January 1, 2020, IMO requires all ships 

traversing international waters to use fuel oils with a maximum sulfur 

content of 0.50% m/m. It is the responsibility of the buyer to determine 

the maximum permissible sulfur content in fuel oil based on the design 

of the marine engine, emission regulations, and the local regulations of 

the region where the fuel oil and related equipment will be used.

Density. This refers to the mass of fuel per unit volume. The quantity 

of fuel can be accurately determined after measuring its density and 

volume, making density a key number in fuel trading. As the density of 

fuel is related to chemical composition, it can be used to determine the 

class and quality of the fuel.

Calculated carbon aromaticity index (CCAI). This is an indicator of the 

ignition performance of residual fuel, computed from the fuel’s density 

and viscosity. The inclusion of CCAI into the national standard is 

intended to prevent prolonged ignition delay potentially caused by fuel 

oil with an abnormal density-viscosity relation.

Flash point. This is an effective indicator for the risk of fire from fuel oil.

Hydrogen sulfide. H2S is a highly toxic gas. Exposure to high 

concentrations of H2S is hazardous or even fatal. H2S can be formed 

during the refining process or build up from fuel oil in storage tanks, 

barges, and customer (consumption) tanks.

Acid value. Highly acidic fuels arising from acidic compounds can often 

accelerate the damage to marine diesel engines, most often starting 

from the fuel injection parts.

Total sediments. Sediments in fuel will exacerbate equipment wearand-tear and clog fuel injectors. Sediments may accumulate in storage 

tanks, filter screens, or equipment, leading to blockage between the oil 

tank and burner.

Carbon residue. This refers to the percentage by mass of the carbon 

residues formed after evaporation and thermal cracking of fuel at a 

specific high temperature.

Pour point. This refers to the lowest temperature at which a fuel 

specimen can flow under specified laboratory conditions. Buyers should 

ensure the pour point of fuel oil meets the requirements of on-board 

equipment, especially when the vessel is sailing in a cold environment.

Moisture. Water content reduces the calorific value of fuel oil and the 

performance of combustion machinery. Because water may lead to 

furnace flameout, shutdown, or other incidents, its concentration in fuel 

must be strictly controlled.

Ash content. All residual fuels contain some forms of metals. Some 

are from the fuel itself, such as vanadium, calcium, and nickel, while 

others – sodium, aluminum, silicon, and iron, for example – are from 

foreign sources. When fuel oil is burned, metals are turned into oxides, 

sulfides, or more complex compound particulates and then coalesce 

into ash content. The melting point of ash content varies widely based 

on its composition. The ash content from fuel oil may deposit on pipe 

walls, boiler heating surface, or other equipment, thus lowering the 

efficiency of heat transfer.

Vanadium. It is commonly found in crude oil. Because its organic 

forms are soluble in crude oil, it is also present in residual fuel. Burning 

vanadium with sodium produces low-melting point compounds which 

cause serious furnace erosion and high-temperature corrosion.

Sodium. As salt is corrosive, this metric is used to determine whether 

salt concentration is increased by seawater introduced during 

transport. When residual fuel is combusted to generate power, sodium 

compounds with low melting points are one of the reasons why scale 

would form on, and thereby corrode, the valves and nozzles of marine 

diesel engines and the blades of turbo blowers.

Aluminum + silicon. Generally coming from the catalyst powder left 

over in residues, silicon and aluminum form hard oxides which can 

easily abrade combustion equipment

Net calorific value. The amount of heat released from complete 

combustion of a unit weight of fuel minus the heat of formation and 

dissolution of acid is called the total calorific value, which less the heat 

of vaporization of water yields the net heat value.

Used lubricating oil (calcium + zinc or calcium + phosphorus). The 

acidic materials formed from oxidation of ULO are corrosive; the metal 

additives in lubricating oil increase ash content; and the abrasive 

particles present in ULO cause accelerated wear. For these reasons, 

fuel oil should not contain ULO.

Compatibility (level). A standard-conforming fuel may work flawlessly 

when used alone but flocculate when mixed with a different type of 

naphtha or heavy fuel oil. This phenomenon is also very common 

during blending, reflecting the incompatible nature of the types of fuels 

used in the blending.

Cleanness. Cleanness measures the number of suspended particles in 

fuel and indicates the product’s stability.

Styrene and phenol have significant adverse effects on the quality of 

low sulfur marine fuel, including coking, corrosion, and stratification, 

and thus affecting its normal use


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