Zhoushan-delivered LSFO bunker price falls to 4-month low amid weak demand, unfavorable weather

Weakness in the freight markets pushed the Zhoushan low sulfur fuel oil bunker delivered bunker price to a near four-month low due to poor demand and a slow pace in China’s economic recovery while supply remained adequate. Platts assessed the Zhoushan-delivered marine fuel 0.5%S bunker price down $30/mt or 5.08% on the month to $560/mt at the July 18 Asian…