India's bunker fuel demand rises in May amid improved supply, competitive prices

India’s bunker fuel demand strengthened in May, supported by improved product availability and competitive pricing that stimulated buying interest, market participants told Platts, part of S&P Global Energy, on June 3. Traders and suppliers said demand increased after May 15 at West Coast ports such as Kochi, Kandla, and Mumbai. Demand firmed in Kochi and shifted away from Colombo due to roughIndia’s bunker fuel demand strengthened in May, supported by improved product availability and competitive pricing that stimulated buying interest, market participants told Platts, part of S&P Global Energy, on June 3. Traders and suppliers said demand increased after May 15 at West Coast ports such as Kochi, Kandla, and Mumbai. Demand firmed in Kochi and shifted away from Colombo due to roughRead More