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.