Asia HSFO Cash Premium Falls Below $33 a Ton
Singapore 380-cst HSFO cash premium fell below $33 per metric ton on Tuesday, from above $49 the previous day, as offers retreated for second-half November loadings.
Asia's high sulphur fuel oil (HSFO) market posted a sharp pullback on Tuesday as offers gave way to lower values for loadings in the latter half of November.The Singapore 380-cst HSFO cash premium sank below $33 a metric ton on Tuesday, compared with a premium above $49 a ton the previous day. The…