Weekly market updates on bunker fuel across Asia
The growing Chinese market is the key influencer on the bunker fuel sector in Asia. China’s bunker fuel consumption is growing steadily by 12.6% year on year as a result of greater economic volume through Chinese ports. The state-owned China Petroleum & Chemical Corporation (Sinopec Corp) has made significant expansion efforts and has become China’s second largest bonded bunker fuel supplier.
In spite of increased activity, the slow recovery of the international shipping market and low consumer price acceptance, have both hampered growth in China’s bunker fuel market. Government tightening of monetary policy has also resulted in longer payment periods for bunker fuel suppliers as ship owners tighten their belts.
The Asia Bunker Market Weekly Report gives excellent insights into the constantly changing situation. It features expert coverage of the bunker fuel markets in the region, paying particular attention to the influential Chinese market. Included are independent price assessments and week on week comparisons covering 29 ports. Market news, analysis and expert commentary are all provided. Subscribers also receive a daily market snapshot, giving them the latest prices.
The Asia Bunker Market Weekly Report contains all the latest pricing information and market analysis to support international bunker suppliers, traders and shipping companies buying and selling bunker oil.
The in-depth coverage includes a daily market snapshot, providing readers with pricing information for 29 ports across the region as well as a detailed weekly report with price comparisons, analysis and commentary from industry experts. The combined Asia Bunker Market Weekly Report with daily updates helps traders and decision-makers to keep close to price fluctuations and optimise market opportunities on an ongoing basis.
The Asia Bunker Market Weekly Report covers:
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