Zhoushan’s June Ex-wharf LSFO Term Narrows Slightly

Capt. John

June term contractual ex-wharf 0.5%S marine fuel cargoes at China’s largest bunkering hub of Zhoushan narrowed slightly on the month to about $8-$10/mt to the benchmark FOB Singapore 0.5% marine fuel cargo values, sitting at the lower end of May terms inked at about $8-$12/mt, traders said May 31.

Barging Fees Eased

Barging fees eased on the month to about $6-$7/mt, market sources said, from $10/mt for May, when barging availability was drastically tightened amid a government crackdown on barges...

https://mfame.guru/zhoushans-june-ex-wharf-lsfo-term-narrows-slightly/

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