In Singapore on 27 April, a metric ton of HSFO cost USD 388, leaving VLSFO USD 106 more expensive per metric ton. In comparison, on 1 January 2020 the price of HSFO was only USD 28 per metric ton lower than currently (USD 360 per tonne), but the spread was however three times higher as a metric ton of VLSFO cost USD 710 at the time. Falling crude oil and HSFO swaps weighed on Quantum's cash assessment at the start of the week, with spot 380 CST cargoes in Singapore assessed down $14.53/mt from Friday at $344.08/mt FOB Singapore. That is the lowest since Quantum started to publish data in March 2021, sneaking below the $345.75/mt set in May 2021. 
HSFO Now Takes Up Quarter of Bunker Demand in Singapore Ship Bunker
Singapore HSFO Price Singapore HSFO Price Region : Far East and South Pacific 421.00 $US/MT -25 5.61% 04 May 2023 Singapore HSFO Price Chart 1 Week 1 Month 3 Months 6 Months 1 Year All One Week Price Changes 445 455 465 475 485 BUNKER PRICE REGIONS Black Sea Far East and South Pacific Mediterranean Middle East and Africa North America Bunker Prices. Asia/Pacific. South East Asia. Singapore. VLSFO. MGO. LSMGO. IFO380. WTI Brent APAC Average Americas Average EMEA Average Global 20 Ports Average Global 4 Ports Average Global Average Bunker Price Auckland * Beilun * Brisbane * Busan * Caofeidian * Chittagong * Chiwan * Cochin (Kochi) * Colombo * Dalian * Fremantle * Gladstone.
The cash differentials for 180-cst HSFO were at a premium of $1.27 a tonne to Singapore quotes, the highest since Jan. 31. They were at a discount of 15 cents per tonne a day earlier. Very low-sulphur fuel oil (VLSFO)-high-sulphur fuel oil (HSFO) bunker premiums in northwest Europe and Singapore narrowed to their lowest levels in April since August 2021 and April 2022, respectively. 
HSFO Prices in Key Bunker Ports Bounce from 2 Year Low to 5 Year High
The spread between benchmark Singapore marine fuel 0.5%S cargo and Singapore 380 CST HSFO cargo averaged $119.69/mt in 2021, up from $96.91/mt in the previous year, Platts data showed. The spread has risen 82.43% to average $126.17/mt in the second half of 2021 as compared to the H2 2020 average. Singapore's bunker fuel sales in 2021 rose by 0.3pc on the year to 49.99mn t in response to strong high-sulphur fuel oil (HSFO) demand and record container throughput, according to the city-state's Maritime and Port Authority (MPA).
SGX PLATTS Singapore Fuel Oil 180cst price information, historical data, charts, stats and more. SGX PLATTS Singapore Fuel Oil 180cst price information - FT.com Subscribe The cash differentials for 380-cst HSFO were at a premium of 16 cents per tonne to Singapore quotes, the lowest since Dec. 8. The 380-cst HSFO barge crack for January traded at a discount of. 
Bunkerworld News Singapore 180CST HSFO cash differential at 5 month
SGX PLATTS Singapore Fuel Oil 380cst price information - FT.com Commodities SGX PLATTS Singapore Fuel Oil 380cst + Add to watchlist S3MFc15:SIM Actions Price (USD) 374.85 Today's Change. SGX PLATTS Singapore Fuel Oil 180cst price information - FT.com Commodities SGX PLATTS Singapore Fuel Oil 180cst + Add to watchlist S1MFpmc27:SIM Actions Price (--) -- Today's Change --.
HSFO prices in Singapore remain competitive compared with many other Asian ports, making Singapore a prime choice for bunkering, sources said. In February, IFO 380 CST in Singapore, for example, averaged $373.89/mt compared with an average of $390.61/mt in Busan and $383.89/mt in Hong Kong. HSFO prices. This is the second-highest total on record after the port of Singapore, the world's largest bunkering hub, achieved sales of 50.64mn t in 2017. Sales of very-low sulphur fuel oil (VLSFO) declined by 3.56pc on the year to 32.87mn t in 2021, although HSFO sales increased by 21.63pc to 12.89mn t over the same period. 
Cointegration analysis of HSFO and Brent crude oil prices My Data
The contract will be settled against Argus's monthly average of delivered 3.5% HSFO price assessments, the price-reporting agency said. The contract's full title is Singapore Fuel Oil Bunker 380cst (Argus) Futures. It will be listed on the New York Mercantile Exchange for trading on the CME Globex electronic platform and cleared via CME Clearport. The front-month crack for 380-cst HSFO (FO380DUBCKMc1) jumped to a discount of $7.60 a barrel at the Asia close (0830 GMT), while the product's cash premium (FO380-SIN-DIF) edged up to $7 a tonne over Singapore quotes.
