Today, the outright price of Singapore 380 CST ex-wharf bunker fuel fell to $348.50/tonne, according to Platts reports. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. It’s free and easy to do. Delivered bunker premiums also trended lower but its decrease was capped by tight barges and limited supply for prompt delivery, sources added. Our prices are always firm and move every millisecond with the oil markets. Access latest agriculture news and analysis, conferences and events. When the harbor’s bunker facilities cannot accommodate the requests, bunkering can be supplied at the Bullen Bay facilities. The Singapore ex-wharf premium for 380 CST high sulfur bunker fuel extended its downtrend to a four-month low at Asian close Thursday, S&P Global Platts data showed. Notes: * = Ex-wharf business only Download the Shell IMO 2020 Brochure for information on the reduction of marine fuel sulphur in 2020 and how Shell's LNG marine fuel can help ship owners and operators meet emissions regulations The Singapore delivered versus ex-wharf 380 CST bunker fuel spread averaged $29/mt in November so far, almost doubling compared to an average of $16/mt seen in October, Platts data showed. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. Singapore ex-wharf 500 CST bunker fuel term contracts for the fourth quarter have been concluded at a premium of around $2-3/mt to the Mean of Platts Singapore 380 CST high sulfur fuel oil assessments, trade sources said late last week. The downtrend in the ex-wharf premium mirrors the trend in the high sulfur 380 CST fuel cash differential, which has weakened since early November. Poor buying interest has exerted downward pressure on delivered 380 CST bunker fuel premiums in recent days, and competitive offers were emerging in an effort to encourage uptake, market sources said. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. Traders typically have to sell delivered bunker fuel at least $5/mt above ex-wharf bunker fuel prices to break even. (iii) Provide a free side to receive the Marine Fuel and render all necessary assistance which may reasonably be required to moor or unmoor the Vessel, as applicable. "Nowadays ex-wharf and delivered prices can be worlds apart, even at a 30-dollars difference," another bunker trader based in Singapore said. Houston very-low-sulfur bunker fuel lost $155.50/mt, or 24.2%, during January as it was assessed at $487 per metric ton ex-wharf Friday, Jan 31, OPIS data shows. The bunker differential shows the difference between ex-wharf bunker and 380-cst cargo outright prices. exception of the ex-wharf prices for Singapore, the other assessments for these regions all are done on a delivered basis. Ho expects market prices to be volatile moving forward to June. Marine fuel 0.5%S in Balboa, Panama, increased to a monthly average of $344/mt on an ex-wharf basis in November, rising $19, or 6%, from October. The downtrend for ex-wharf bunker premiums began more apparent since the start of November, the month in which most market participants expected demand to swing sharply towards low sulfur fuels. Standard Size All RIM Asia bunker fuel oil prices are for a 500-2,000mt portion, lots that RIM considers standard. An email confirming your password has been sent. Access latest oil news and analysis, conferences and events. The downtrend in the ex-wharf premium mirrors the trend in the high sulfur 380 CST fuel cash differential, which has weakened since early November. In the mean time, Singapore’s bunker price spreading to North Asian ports have also narrowed significantly in recent weeks, though prices in both regions climbed in December. 2.4 “Ex-Wharf basis ” means delivery on “ex-wharf” or “ex-terminal” basis. November marked a period of mostly advances for Latin America bunker spot pricing, with ports in Panama, Brazil and Peru reaching multi-month or even historical highs, especially in the 0.5%S segment. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Singapore is likely to receive more than 4 million mt of fuel oil from Europe and the Americas in March, traders said, up from 3.5 million-4 million mt expected in February. Access latest coal news and analysis, conferences and events. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Ex-wharf premiums have also softened in recent days amid a weaker fuel oil complex as the market underwent selling pressure amid expectations of heavy cargo arrivals and slow uptake in March. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., FEATURE: Lower Permian gas production, higher prices promise shift in 2021 flows, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. Access latest power news and analysis, conferences and events. -- Atsuko Kawasaki, atsuko.kawasaki@spglobal.com, -- Edited by Debiprasad Nayak, debiprasad.nayak@spglobal.com. Ex-wharf bunker fuel at Houston averaged $362.73/mt for the 15-day period ended Tuesday, $8.1/mt higher than the previous 15-day period. Bunker Fuel Price Assessments Rim assesses bunker fuel oil prices for lots traded on a spot basis at main ports in North America, South America, Asia, Africa/ Mideast, and Europe. The spread between Singapore delivered and ex-wharf 380 CST bunker fuel prices has narrowed further this week due to lackluster demand in the delivered market, trade sources said. “Additionally, ex-wharf discounts over cargo prices in June will likely be lower than May due to ample supplies and weaker demand. Negotiations for the term supply of Singapore ex-wharf marine fuel 0.5%S bunker for July were largely inconclusive so far, as the market was still awaiting cues on near-term price direction amid a wide bid-offer spread, market sources said June 9. "There is no more demand for 380 CST [HSFO bunkers] on the ex-wharf side, mainly because most delivered bunker demand is now shifting to lower sulfur fuel," a Singapore-based fuel oil and bunkering source said. [Yes] I would like to receive S&P Global Platts promotional emails. Bunker prices in Singapore are set to fall, with traders reported to be looking for a quick sell after the country's fuel oil inventory hit its highest level in over 15 years, Reuters reports. New assessments and announce Discontinued assessments limited supply for prompt deliveries 30.38/mt on November 1 but dropped to 3.75/mt... Latest oil news and analysis, conferences and events Platts promotional emails bunker markets in fujairah and! All deliveries under a Contract shall be made ex-wharf or ex-barge or ex-ship or ex-truck as. Ports are for deliveries 3-7 days out market prices to break even bunker trader (. Are unable to send you a link to reset password for security reasons well, said. 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