Fujairah bunker sales up 3% in October amid higher HSFO demand
Increased sales of HSFO contributed to lift Fujairah’s total bunker sales higher in October than in September, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.
Changes in Fujairah bunker fuel sales from September to October:
- Total sales up by 3% to 626,000 mt
- VLSFO sales down by 8% to 400,000 mt
- HSFO sales up by 37% to 199,000 mt
- LSMGO sales up by 2% to 24,000 mt
HSFO sales rose sharply by 54,000 mt in October, reaching 199,000 mt—the highest level since January. This translates to approximately 6,400 mt/day, a significant increase from the 4,800 mt/day sold in September.
Sales of VLSFO, the most in-demand product, dropped by 8%. LSMGO sales saw a modest 2% rise, reaching around 24,000 mt.
Overall, the port’s total bunker sales for October were up 3% compared to the same month last year.
Fuel grade share of total sales in October (compared to the year to date):
- 64% VLSFO 380cst (68% YTD)
- 0.40% VLSFO 180cst (0.16% YTD)
- 32% HSFO (28% YTD)
- 4% LSMGO (4% YTD)
- 0.01% 0.50% MGO (0.03% YTD)
By Tuhin Roy
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