Singapore bunker prices extended their losses on Friday, while their premium to cargo values held mostly steady. Prices for the 380-centistoke (cst) were pegged at $358-360 a tonne, down $4.00 from the previous session, with the differentials contracting 5 cents to $1.55 a tonne.
Market sentiment suggested the market may still bounce back. "I feel the market may move up slightly, supported by BP and Chinese buyers," said a broker.
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