Both high sulfur and low sulfur bunker fuel markets are expected to see quieter demand in the week leading up to the Lunar New Year holidays in Singapore, market participants said, although the cargo markets have seen slightly diverging fundamentals, says an article published in S&P Global.
Production RatesLower production and a drawdown in stocks has led to a growing Asian marine fuel 0.5%S crack spread, although most LSFO producers have indicated an unwillingness to raise production rates.
High...https://mfame.guru/high-low-sulphur-fuels-expected-to-see-quieter-demands-this-week/