SINGAPORE: Weighed down by lower deal values, cash premiums of Asia's mainstay 380-cst high-sulphur fuel oil (HSFO) on Tuesday slipped from a two-week high hit in the previous session.
Trade volumes for physical cargoes of 380-cst HSFO, however, remained elevated in the Singapore window on Tuesday, extending the spike in trade liquidity that kicked off the first trading session of December.
The 380-cst fuel oil cash premium slipped to $7.56 a tonne to Singapore quotes on Tuesday, down from $8.97 a tonne on Monday.
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