VLSFO HSFO price trends by Srinivas Chowdary Sunkara as on 31st May, 2023.
Very Low-Sulphur Fuel oil (VLSFO) markets remained steady in Asia on Tuesday for the second consecutive day due to muted trading activity at Singapore window since lingering worries over over supplies. The cash premium for 0.5% VLSFO slipped to $7.03 a tonne from $7.06 a day earlier in Singapore. HSFO (Heavy Sulphur Fuel Oil) prices changed a little yesterday. FO prices are remain steady in Indian retail markets.
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