HSFO Market Traded At Steady Discounts

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The spot 180-cst high sulphur fuel oil (HSFO) market traded at steady discounts on Wednesday, while stable supply arrivals weighed on the broader fuel oil market, says an article published on Brecorder.

Stable premiums

Trafigura bought a 20,000-tonne cargo of 180-cst HSFO from PetroChina at a discount of $3 a tonne to Singapore quotes, and another 20,000-tonne cargo from Total at a discount of $2.50 to Singapore quotes.

Meanwhile, the 0.5% very low sulphur fuel oil...

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