Singapore lead times stretch to 10-17 days as regional prices rise
What it means for buyers
Book Singapore stems about two weeks ahead; Fujairah may still cover VLSFO at a few days notice.
In its East of Suez update for 13 November, Engine says Singapore has very little prompt supply of HSFO, VLSFO and LSMGO. Lead times for every grade now run between 10 and 17 days.
Prices moved up across the region on the day. VLSFO and LSMGO rose in Singapore, Fujairah and Zhoushan, and HSFO climbed in Singapore and Fujairah while holding flat in Zhoushan. Fujairah LSMGO has now risen for three days in a row, and its premium over other East of Suez hubs stays wide. Higher Brent, driven by tension around the Strait of Hormuz and attacks on tankers in the Gulf, added to the upward pressure.
For buyers, the picture differs by port:
- Singapore: plan stems roughly two weeks ahead, for all grades.
- Fujairah: at least two suppliers could still offer VLSFO for enquiries 2-5 days out, according to one source.
- Dubai: supply is described as tight.
With prices rising and Hormuz headlines driving crude, locking in grade and dates early gives more room to compare offers before the window closes.
Sources
- Engine - East of Suez Market Update 13 Nov engine.online
Roadstead is a bunker broker. We arrange supply through suppliers we have checked and do not run our own barges.
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