Singapore Marine Fuel 0.5%S Archives - Maritime Shipping News

Singapore’s Low Sulphur Oil Market Shows Stagnating Demand

20 April 2021

Stagnating demand in the Singapore low sulfur fuel oil market is not expected to ease in the April 19-23 week, says an article published in S&P Global Platts.

Demand for marine fuel 0.5% sulphur

The Singapore Marine Fuel 0.5%S May-June backwardation were range bound, with bids at $1/mt against offers at $2/mt, Intercontinental Exchange data showed.

Delivered low sulfur bunker fuel premiums in China are expected to be capped by elevated supply and production amid poor demand.
At Zhoushan port,...

https://mfame.guru/singapores-low-sulphur-oil-market-shows-stagnating-demand/

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

9 February 2021

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/

Asian HSFO Markets Survive IMO 2020 Despite COVID-19

31 August 2020

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/