Singapore bunker fuel prices fall

13 Aug, 2006

Singapore bunker prices fell on Friday as the differential to fuel oil cargo values stayed at a discount of more than $2, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $321-$323 a tonne, down $7 from Thursday's Asian close, while its discount to fuel oil was stable at $2.20.
"Demand was slightly better today but prices were really bad. There are some heroes out there selling at below $320 a tonne levels even," said a Singapore based bunker trader.

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