![cst viscosity cst viscosity](https://www.mdpi.com/materials/materials-14-06060/article_deploy/html/images/materials-14-06060-g003a.png)
The jump in the viscosity spread Monday was led by a well-supported 180CST HSFO price relative to a weaker 380 CST grade, compared with Friday.
![cst viscosity cst viscosity](https://img3.exportersindia.com/product_images/bc-small/dir_10/290837/kinematic-viscosity-bath-1519724565-3683765.jpg)
"I can't say I see a lot of on-specification cargo available at themoment and basically the shortage is so severe that even if you can get 180 at a lowish single digit premium, that can make its way into the blendpool to make bunker grade380 CST cargoes," said another trader.Īt $597.50/mt, ex-wharf 380 CST bunker fuel was assessed Monday at apremium of $6.60/mt to MOPS 380 CST HSFO. Since the beginning of the year, an average of a little over 5 millionmt/month of Western fuel oil has made its way to the East, where the lion'sshare of demand comes from Singapore's marine fuel sales, which has averaged3.5 million/month over January-April. Western fuel oil to the tune of 5.7-5.9 million mt is estimated to havearrived East in May, traders have said, adding that around 4.8 million mt ofarbitrage cargoes have so far been booked to be shipped into the region forJune. "We have had an extraordinary amount of oil coming into theregion last month and a lot of it is off-specification material," said atrader. Traders said the 180 CST grade was finding support as a blendstockin the current market, which was seeing ample supply of material thatwas mainly of high viscosity, high density and to an extent high sulfur too. The last time the viscosity spreadwas higher was on September 17, at $16.56/mt, Platts data showed. Singapore's fuel oil viscosity spread widened by $4.24/mt from Friday to$16.46/mt Monday, hitting a 34-week high. Receive daily email alerts, subscriber notes & personalize your experience.