India bunker fuel demand falls in July on weather disruptions, supply issues
India’s bunker fuel market faced significant supply disruptions in July as adverse weather conditions and barge availability constraints curtailed volumes at key west coast ports, while east coast facilities maintained relatively stable demand, market participants said. Demand remained subdued during the first half of July at major west coast ports including Kochi, Kandla and Mumbai, ...
India's bunker fuel market faced significant supply disruptions in July due to adverse weather conditions and barge availability constraints at key west coast ports. Major ports like Kochi, Kandla, and Mumbai experienced supply bottlenecks, with suppliers struggling to meet demand. Gujarat's ports faced the most severe weather-related disruptions, with supplies interrupted multiple times throughout the month.
However, east coast ports saw relatively stable demand, with Chennai, Tuticorin, and Paradip experiencing strong volumes. Marine fuel oil prices increased by 0.5% in July, with Mumbai seeing a rise of $180/mt month-over-month.
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