Mumbai VLSFO At Rare Price Parity With Singapore

Credits: Esmonde Yong/ Unsplash
  • Mumbai’s VLSFO is currently priced $5/mt higher in Mumbai than in Singapore.
  • The port’s VLSFO premium over Singapore peaked at about $92/mt at the beginning of November. 
  • Prompt VLSFO and LSMGO stems have been readily available with suppliers in Mumbai, as they have been in recent months.

VLSFO availability in Mumbai has been more stable in recent months compared to other regional ports such as Singapore and Fujairah, where the grade has been harder to secure for...

https://mfame.guru/mumbai-vlsfo-at-rare-price-parity-with-singapore/

Order lead times plummet as inventories grow and demand uncertainty soars

Shipping lead times fall 23% as companies order less goods with more frequency

Chart of the Week: Ocean TEU Booking Lead Times – All ports to the USA  SONAR: Container Atlas

Order lead times — the time between order placement and expected ship date for containerized imports — have dropped 23% since late April as supply chain managers are forced to change their strategy in an economic environment that is once again in a transitional state. 

Last week, Target reported that it had essentially too...

https://www.freightwaves.com/news/order-lead-times-plummet-as-inventories-grow-and-demand-uncertainty-soars