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Discounts narrow slightly as market structure improves

Spot discounts for fuel oil narrowed slightly in Asia on Monday while the market structure for key grades improved. Singapore cash differential for 380-cst high sulphur fuel oil (HSFO) was pegged at a discount of about 50 cents a metric ton, while very low sulphur fuel oil (VLSFO) spot discount narrowed to about 95 cents. …

Source: www.hellenicshippingnews.com

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