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Fuel Switch Snapshot: Pooling value slump lifts biofuel prices against conventionals

Singapore’s LNG burnt in Otto medium speed (Otto MS) engines has flipped from an $88/mt discount to LSMGO to a $42/mt premium, as the port’s LNG prices have gained while LSMGO has fallen $27/mt. LNG burnt in diesel slow speed (diesel SS) engines has not flipped, and its discount to LSMGO has narrowed by $134/mt ...

Fuel prices in the port of Rotterdam have shifted, with LNG prices gaining while blends and conventional fuels have fallen. Singapore's LNG prices have risen, while the price of blends has fallen. B100 prices have gone from a $39 discount to a $3 premium. Bunker availability in Singapore has been tight despite low demand.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Iron Ore Rises on Supply Risks

Iron ore futures in China climbed above CNY 710 per ton on Wednesday, recovering from losses in the previous session as fresh supply concerns supported prices despite ongoing demand headwinds.

  • Iron ore prices surged to CNY 710 per ton in China due to supply concerns.
  • Brazil's iron ore production faces higher shipping costs from El Niño weather patterns.
  • Chinese steel mills anticipate stock replenishment before Golden Week holiday.

More from Wednesday 23 September →