MARKET EYE: Pertamina Eyes Change in LSWR Pricing

摘要

Indonesia's state Pertamina is trying to change its term pricing formula for low-sulfur waxy residue (LSWR), its unique fuel oil export that is popular in Asia. Traders and industry observers say the change has been sparked by interest in pricing liquidity, as well as concerns about the lower quality and output of LSWR.