Maritime Port Authority Singapore (MPA) announced that the estimated marine fuel oil sales volume in April in the country was at 4.35 mil mt, down 53,410mt (1.2%) on year, and down 414,360mt (8.7%) on month.

Sales volumes of MFO (high sulfur fuel oil) were at 1.79 mil mt, up by 87,140mt on year, but down by 146,940mt on month. Those of LSFO were at 2.19 mil mt, down by 45,660mt on year, and down by 146,650mt on month. Those of LSMGO were at 256,100mt, down by 58,690mt on year, and down by 90,580mt on month. Those of Bio-blended LSFO were at 48,800mt, down by 26,740mt on year, and down by 28,730mt on month.

MFO accounted for 41.08% of all sales volumes of bunker fuels, while the proportion of the new fuels including Bio-diesel, LNG, methanol and so on was 2.69%.

The average price for VLSFO in April was at $771.91/mt, sharply down by $155.27/mt from $924.18/mt in March, according to a survey conducted by Rim Intelligence.