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Singapore bunker prices fell on Tuesday, while the differential to fuel oil cargo values declined to $17-18 a tonne, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $323-$325 a tonne, while its differential to fuel oil cargoes dropped to $17.70, down by $4.05 from the previous close.
Prices for ex-wharf cargoes ranged from $328-330 a tonne, a bunker trader said. "Bunker sales were soft due to the high prices, only those who are desperate for cargoes are forking out the cash for fuel," he added.

Copyright Reuters, 2007

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