Platts North Asia Bunker Market Analysis - 21Apr17
The Hong Kong bunker market was muted Friday in view of fluctuating Brent prices, according to industry sources. Despite a weaker Brent hovering marginally above $53/b, concerns over crude volatility led buyers to hold back. "The market has been quiet so far and buying sentiment is probably dampened by Brent [movements]," said a bunker trader based in Hong Kong. In addition, industry sources said they expected bunker fuelSubscribe for Full Access
To read regional commentary you need a subscription to Bunkerworld which includes the Prices Module.