Fluctuations in Fuel Prices in Singapore and Rotterdam
Analysis

Fluctuations in Fuel Prices in Singapore and Rotterdam

تصویر: تولید هوش مصنوعی

By 2 min Read time 122,462

The price of LNG in Singapore, used in Otto medium speed (Otto MS) engines, has changed from a discount of $88 per ton to a fee of $42 per ton. This change has occurred as LNG prices at the Port of Singapore have increased, while the price of LSMGO has dropped by $27 per ton to its lowest level.

Fluctuations in B100 and LSMGO Prices

Currently, the price of LNG in diesel slow speed (diesel SS) engines has not changed, and its discount to LSMGO has decreased to $21 per ton. In Singapore, the price of B100 has decreased from a fee of $25 per ton to a discount of $75 per ton.

Price Changes in Rotterdam and Their Impact on the Market

In Rotterdam, the fee for LNG has decreased compared to VLSFO, reaching $293 to $419 per ton. Meanwhile, LNG discounts compared to LSMGO have increased to $226 to $353 per ton. The prices of liquefied biomethane (LBM) in Rotterdam have also decreased, with its fee compared to HSFO dropping to $334 to $464 per ton.

Recently, the price of B100 in Rotterdam has changed from a discount of $39 per ton to a fee of $3 per ton. These fluctuations indicate a potential decrease in the value of B100 by $40 per ton, while the price of VLSFO has also decreased by $34 per ton.

In Singapore, the fee for B100 has increased by $39 per ton compared to VLSFO, reaching $319 per ton. Its discount compared to LSMGO has decreased to $96 per ton. The Pooling OceanScore index has decreased by €10.30 per ton CO2 to €108.60 per ton CO2 last week.

Finally, liquid fuel prices in Rotterdam have decreased by $22 to $34 per ton over the past week. The price of VLSFO has seen the largest decrease, while B100 has increased by $8 per ton. In Singapore, conventional prices have also decreased by $27 to $49 per ton.

Source: hellenicshippingnews.com