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All prices and barge costs are quoted $ per metric tonne.
Busan May 16 Bunker prices dipped across all grades in Busan. Demand was slightly below average. Avails are OK. Earliest delivery from Monday onwards.
Hong Kong May 16 Bunker fuel prices firmed while MGO dipped in Hong Kong. Demand was average. Earliest delivery date from beginning of next week onwards. 180cst tight, 380cst and MGO OK.
Kaohsiung May 16 Taiwan state-owned CPC Corp (CPC) adjusted official bunker prices on May 16. Bunker fuel prices firmed $16 pmt for all ports except Kaohsiung and Taichung's 380 cst which gained $18 pmt while gas oil remained stable.
Singapore May 16 NYMEX crude softened to close at $124.12/BBL last night. Globex is showing some gains on Friday morning.
05:36pm - Fueloil cargo closed almost steady to inch firmer by $1.50-$2.00pmt while Gasoil cargo was firm by $0.30-0.40/BBL. Both cargoes were stable. Bunkers gained across most grades.
12:00pm - Fueloil paper opened slightly weak at $1.50 pmt lower. However, Gasoil paper was talked firmer by $0.40-0.50/BBL today.
Tokyo May 16 Bunker fuel prices softened while MDO surged in Tokyo today. Demand was fairly good. Earliest delivery from May 20 onwards.
Dalian May 14 180cst avails are back to normal.
Guangzhou May 14 MGO avails are out of stock.
Huangpu May 14 MGO avails are out of stock.
Manila May 14 240 cst offered at $633 pmt. Avails are good.
Qinghuangdao May 14 180cst avails are back to normal.
Xiamen May 14 MGO avails out of stock.
Yantai May 14 180cst avails are back to normal.
Qingdao May 8 MGO avails are out of stock.
Bangkok May 7 180 cst avails are a little tight, otherwise there are no supply issues in Bangkok.
Market Commentary
05:36pm - Fueloil cargo closed almost steady to inch firmer by $1.50-$2.00pmt while Gasoil cargo was firm by $0.30-0.40/BBL. Both cargoes were stable. Bunkers gained across most grades.
12:00pm - Fueloil paper opened slightly weak at $1.50 pmt lower. However, Gasoil paper was talked firmer by $0.40-0.50/BBL today.