CST bunker premium

Asian HSFO Markets Survive IMO 2020 Despite COVID-19

  • LSFO is the marine fuel of choice worldwide, but HSFO has held its stead in Asia.
  • Demand for high-sulfur fuel oil is expected to remain strong in Singapore.
  • MPA Singapore sales of 380 CST high-sulfur bunker fuel in Singapore surged 24.65%.
  • HSFO accounted for about 24% of the total bunker sales in Singapore.
  • Singapore-delivered Marine Fuel 0.5%S and Singapore-delivered 380 CST fuel oil has narrowed.
  • There are global challenges with fuel characteristics and limits being off-specification.
  • Issues...

https://mfame.guru/asian-hsfo-markets-survive-imo-2020-despite-covid-19/

Supply Cuts in LSFO Show Stable Bunker Demand in Singapore

According to an article published in Platts, with supply cuts across the Asian low sulfur market and stable bunker demand in Singapore, margins have improved slightly from July, although market participants indicated August 24 that recovery is far from assured.

High arbitrage volumes

Traders pointed to higher incoming arbitrage volumes into Singapore in September compared with August as capping a potential upside to the market.

Marine fuel 0.5% sulfur

  • Morning discussions on the Singapore Marine...

https://mfame.guru/supply-cuts-in-lsfo-show-stable-bunker-demand-in-singapore/

[Watch] Cheaper Crudes and Freight Rates Recovery Drive Market Demand

  • Market demand continues to sustain buying interest for Asian high sulfur fuel oil.
  • Singapore Marine Fuel 0.5%S market has seen a revival of buying interest.
  • Singapore Marine Fuel 0.5%S August/September contango narrowed to minus $1.50/mt.
  • Singapore Marine Fuel 0.5% cargo assessment was assessed at $18.50/mt.
  • Zhoushan delivered marine fuel 0.5%S differential to the benchmark FOB Singapore Gasoil.
  • Singapore-delivered 380 CST bunker premium to Singapore 380 CST HSFO cargo assessments.
  • Market...

https://mfame.guru/watch-cheaper-crudes-and-freight-rates-recovery-drive-market-demand/