Shanghai delivered 380 CST HSFO bunker premium hits 2-year high on tight supply

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The premium for delivered 380 CST high sulfur fuel oil in the Shanghai bunker market to the benchmark Singapore 380 CST HSFO cargo assessment hit a more than two-year high at $111.71/mt April 27, S&P Global Commodity Insights data showed. The premium was last higher at $113.41/mt on Jan. 22, 2020, the data showed. Buyers of delivered HSFO bunkers at…