HSFO VLSFO LSMGO price trends by Srinivas Chowdary Sunkara as on 11th May, 2023.
In Singapore market, HSFO and LSMGO prices changed a little down while MDO prices inched up yesterday. Singapore witnessed an inactive demand day due to widening lead time for product supplies. VLSFO cracks down while VLSFO spreads were flat in Singapore market. Brent oil closed down yesterday in bearish mood while bouncing back today on strong demand come back. FO prices are expected to go down in India.
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