HSFO LSMGO VLSFO MDO MGO price trends as on 26-04-2023 by srinivas chowdary sunkara
HSFO MDO LSMGO prices moved up yesterday. Singapore bunker markets are positive with an average demand seen this week. On the flip side, HSFO and VLSFO supplies got tighter with a lead time of 9-11 days and 5-11 days respectively while LSMGO stocks are readily available with a lead time of 4-7 days. Residual fuel oil stocks averaged higher in April from March. Middle distillates stocks are reportedly low in April compared to March. FO retail selling prices are expected to go up in India.
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