Bunker demand improves in Singapore; VLSFO and LSMGO supply good across several Chinese and Australian ports; tight VLSFO and LSMGO supply across several Indian ports.
Bunker prices open relatively unchanged on 14 May, mirroring crude and product prices, ahead of key data releases.
HSFO cheapest fuel in Singapore and Rotterdam; HSFO over $200/mt cheaper than bio-blends; bio-bunker demand sluggish in Singapore.
China saw a drop in its bonded bunker fuel sales in April as it sold about 1.63 million mt of bonded bunker fuel due lower production...
Physical bunker prices rallied by $10pmt in the USGC (VLSFO 0.5%), which saw a large jump in price differentials among suppliers.
Bunkering delayed in Houston; prompt availability is tight in Los Angeles; rough weather disrupts Zona Comun bunkering.
HSFO tightness has eased in the ARA; rough weather may impact bunkering in Gibraltar; VLSFO supply has tightened in Nacala.
Crude prices have inched higher over the last few days; however rise in prices have not translated to physical bunker market as holidays muted trading activity...
Bunker demand remains average in Singapore; prompt supply tight in Zhoushan; steady VLSFO and LSMGO supply in Saudi Arabia’s Jeddah.
Demand rises in Houston; tight availability in West Coast ports; very prompt availability is tight in New York.
