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　　2025年6月20日，早盘开盘，国内期货主力合约涨多跌少，PTA、PX0>对二甲苯涨超3%，原油、短纤、瓶片涨超2%，液化气、焦炭涨近2%；跌幅方面，沪锡、烧碱、沪银跌超1%。

　　光大期货：

　　短期油价大幅反弹带动成本端上行，高、低硫燃料油绝对价格也以震荡偏强对待，其中地缘局势紧张导致伊朗高硫燃料油发货量维持低位，叠加夏季发电需求形成支撑，而低硫燃料油套利船货数量增加且需求端缺乏显著亮点，预计高硫上行空间或大于低硫。

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