- The Asian HSFO market faces challenges in 2024, marked by abundant supplies and reduced utility demand, despite new ships equipped with scrubbers.
- Factors include increased Russian and Middle Eastern supplies, declining utility interest in South Asia, and economic dynamics favoring specific fuel grades.
- The Chinese outlook, downstream market challenges, and the dominance of bunker demand add complexity to the fuel oil sector’s landscape.
The Asian high sulfur fuel oil (HSFO) market is...
https://mfame.guru/challenges-ahead-for-asian-hsfo-market-in-2024/