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Singapore
All grades are in tight availability for early dates in Singapore. The really useful lead time for VLSFO and LSMGO is round 10-13 days. The lead time of HSFO is 8-11 days.
Sources say that some suppliers in Singapore could provide VLSFO with as little as eight days.
The port’s VLSFO and HSFO benchmarks have recovered a few of their losses after hitting their lowest ranges in eight and 16 months, respectively, final month. The latest achieve in Brent costs has contributed to the uptrend of their costs.
In response to Enterprise Singapore, Singapore’s residual gas oil stock was pulled up within the newest week of September, however nonetheless averaged all through the month in comparison with August.
East Asia
The provision of bunker gas in all grades in Zhoushan is restricted. Lead instances have been pushed again, with supply dates from many suppliers now following the Golden Week Vacation, which runs from October 1-7.
Sources say some suppliers in Zhoushan are working quick in inventory and anticipate replenishment solely after the vacations.
All grades are basically availability in South Korea’s southern and western ports. The really useful lead time is about 4 days, and is lower than the final 7-8 days of the week.
Bunker demand in South Korean ports has been sluggish in latest weeks, partly on account of a number of bunker suspensions triggered by cyclones. Sources say demand is anticipated to enhance this month.
Fast provides may very well be tight in Hong Kong. A dealer says {that a} provider can provide VLSFO in restricted portions for rapid dates.
Availability of LSMGO is widespread in Manila, Philippines. A provider could provide supply for expedited dates.
The provision of VLSFO stays regular in Jakarta and Surabaya, Indonesia. The really useful lead time is about 4-6 days.
South Asia
The provision of VLSFO and LSMGO in Mumbai, India stays steady. Some suppliers could provide supply for expedited dates. The opposite wants a lead time of at the very least 5-6 days. HSFO provides are largely topic to enquiry.
The provision of VLSFO and HSFO at Mundra on the North West Coast of India is regular and requires a lead time of 4-5 days, which is a bit more than 3-4 days final week.
Availability of bunker gas in Colombo, Sri Lanka stays good. The really useful lead time is roughly 4-5 days and a few suppliers could provide supply for expedited dates. Bunker deliveries on the Outer Border (OPL) of the port had been affected on Monday on account of dangerous climate. Sources say some suppliers are insisting on supply at internal anchorages to keep away from delays.
Center East
All grades are in tight availability for early dates in Fujairah. The really useful lead time for HSFO, VLSFO and LSMGO is round 6-8 days.
Fujairah’s HSFO worth premium over Singapore has come down considerably in latest instances. A dealer says that some suppliers are reducing their costs to clear the inventory.
VLSFO and LSMGO provides are available in Sohar, Oman for fast dates.
Supply: Engine (by Nitin Chandran, https://engine.on-line/)
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