Singapore bunker prices eased on Monday, as its differential to fuel oil cargoes remained in discount for the fourth straight day. Prices for 380-centistoke (cst) were pegged at $353-$355 a tonne, down $2 from the previous session, while the differential to fuel oil cargoes stood at a discount of $1.75.
"The price is coming down as we are confident that additional cargoes are arriving," a Singapore-based trader said.