Tuesday, March 25, 2025

HSFO cash premiums down for eighth straight session

Asia’s high sulphur fuel oil cash differentials remained week on Monday as oversupply concerns persisted.

Singapore’s 380-cst HSFO cash premium dropped for an eighth straight session to $14.92 a metric ton. The very low sulphur fuel oil (VLSFO) fell by 22 cents to about $14 per ton.

Trading activity at the deals window remained tepid for a third consecutive session. Market participants said Asian players are expecting more supplies from the Middle East and Africa.

WINDOW TRADES

– 180-cst HSFO: No trade

– 380-cst HSFO: No trade

– 0.5% VLSFO: No trade

Source: Reuters

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