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Asia's very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) markets softened on Tuesday. The hi-five spread remained largely range-bound in recent sessions, with spot premiums and timespreads inching lower for both grades as the market anticipates steady to increased supplies.
Asia markets for both very low sulphur fuel oil (VLSFO) and 380-cst high sulphur fuel oil (HSFO) softened, while the hi-five spread was largely range-bound. Spot premiums and timespreads inched lower for both grades.