VLSFO price has been showing increase while HSFO has been going down
VLSFO and HSFO prices at Singapore started showing mixed dynamics for the first time over a long period of time, according to data provided by MOL. From March 2022, VLSFO price rose from about $800 to $1100 pmt, while HSFO fell from about $750 to $600.
In January-May 2022, bunker sales in the port of Singapore fell by 9%, year-on-year, to 19.2 million tonnes.
