Singapore bunker prices rose as tightening supplies squeezed the market on Monday, while the differentials to fuel oil cargoes widened. Prices for the 380-centistoke (cst) grade rose $4.00 to $479-$481 a tonne, while its discount extended 25 cents to $1.25.
"A couple of suppliers are getting tight as shipowners have booked in advance. This is keeping prices healthy," said a buyer at an international shipping company.