Sri Lanka bunker fuel demand falls on barge shortage, tight credit

Demand for bunker fuels at Sri Lankan ports fell in April due to issues with barge availability, according to multiple market sources. Low inquiries, tighter credit and cautious risk exposure kept activity subdued in April, with May driven mainly by earlier contracts. Sri Lanka demand declines Demand for bunker fuel has weakened in April for Colombo, Trincomalee and Hambantota ports, marketDemand for bunker fuels at Sri Lankan ports fell in April due to issues with barge availability, according to multiple market sources. Low inquiries, tighter credit and cautious risk exposure kept activity subdued in April, with May driven mainly by earlier contracts. Sri Lanka demand declines Demand for bunker fuel has weakened in April for Colombo, Trincomalee and Hambantota ports, marketRead More