0.5% sulphur

Key Indicators in the Asia Residual Fuel Market : May 17-21

Traders have said some storage costs of unsold oil are being offset, especially with weak bunker demand in Singapore, as the Asian low sulfur fuel oil market June/July contango widens, according to bunker suppliers says an article published in Platts.

The Asian high sulfur fuel oil market was witnessing contrasting indications of demand for power generation from the Middle East, led by Saudi Arabia, while heavy showers, rising infections, and falling demand in Sri Lanka cast a bearish sentiment.

M...

https://mfame.guru/key-indicators-in-the-asia-residual-fuel-market-may-17-21/

High & Low Sulphur Fuels Expected To See Quieter Demands This Week

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 Rates

Lower 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/

Dwindling Demand for LSFO in Asian Fuel Market

  • Tight supply of low sulfur fuel oil in South Korea has caused refiners to hold off concluding term bunker fuel contracts for the fourth-quarter.
  • While in Singapore light sulfur fuel oil demand fundamentals from the bunker market have stabilized, according to traders.
  • Weakness in the low sulfur marine gasoil market is unlikely to result in dwindling demand for LSFO.
  • With the number of marine gasoil barges serving as a limiting factor on LSMGO demand, they added.
Marine Fuel 0.5% Sulphur

The...

https://mfame.guru/dwindling-demand-for-lsfo-in-asian-fuel-market/