Singapore FOB unleaded fell about 3/barrel,outpacing overnight benchmarks.The 92 and 95 RONs flipped into contango amid p00r prompt demand.Players attributed the weakness to sluggish Southeast Asian demand,but anticipate stronger tail end requirements.Meanwhile,traders are working the US West Coast arbitrage from Northeast Asia.At least two 30,000 mt of gasoline were fixed in late March from South Korea via term loadings.The cargoes from S-Oil conformed to stringent US specifications.But other export barrels are likely to be curtailed by both a"quality differential"and price volatility.Moreover,the rollover to the new gasoline contract could be difficult to hedge,a market source said.
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