FEATURE: China’s new bunker fuel export quota likely to keep LSFO prices on even keel

China’s latest 3.25 million mt of quota allocated for the export of bonded bunker fuel was lower than expected, Zhoushan-based bunker traders told S&P Global Commodity Insights May 6, and unlikely to slow the firm increase in low sulfur fuel oil bunker prices amid potential supply woes. This latest quota allocation for bonded fuel oil is only expected to last…