Singapore bunker prices held steady on Monday, as its differential to fuel oil cargoes slipped toward parity on its second day in the black. Prices for 380-centistoke (cst) were pegged at $$361-$363 a tonne, remaining unchanged from the previous session, while the differential to fuel oil cargoes was at a premium of 45 cents, down 65 cents from Friday.
Market demand dropped off today, helping to stabilise prices said brokers.