Zhoushan’s March LSFO storage availability at six-month high, outlook mixed

Low sulfur fuel oil storage available for lease at China’s largest bunkering hub of Zhoushan rose to a six-month high of 730,000 cu m as of Feb. 28, 7.4% higher on the month, according to the latest Zhejiang Mercantile Exchange data seen by S&P Global Commodity Insights March 2. LSFO storage availability rose for the second consecutive month, suggesting a…