VLSFO HSFO price trends by Srinivas Chowdary Sunkara as on 2/6/2023.
In Asia, At Singapore window, Cash premiums for VLSFO continued to be low due to muted trade amid the expected over supplies. HSFO prices witnessed a little change in Singapore markets. The Global Scrubber Spread(SS) – The price difference between HSFO and VLSFO experienced moderate increase in Singapore markets. While the weekly average increased. The Furnace oil retail price was revised up moderately in India.
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