Bangladesh’s Jan HSFO imports seen rising 25% on month as power demand rebounds

Bangladesh expects to import around 250,000 mt of 180 CST high sulfur fuel oil in January, up 25% from December when electricity demand for cooling softened due to mild temperatures, Bangladesh Independent Power Producers’ Association president Faisal Karim Khan told S&P Global Commodity Insights Jan. 17. January HSFO imports are higher than December’s due to increasing demand for electricity generation…