Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) has been teetering between discounts and premiums in recent sessions amid volatile trading.
The Singapore 380-cst HSFO differential rose from its previous session to a premium of $4.70 a metric ton on Monday, as bids and trades firmed from last week.
Meanwhile, the cash differential for 180-cst HSFO remained below discounts of $2.
The cargo market for very low sulphur fuel oil (VLSFO) was little changed on Monday due to fewer trades amid a wide gap between bids and offers.
Source: Hellenic Shipping News