Fujairah's HSFO sales rose to four-month high in July

A spike in HSFO sales contributed to lift Fujairah’s total bunker sales higher in July than across June, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.

Changes in Fujairah bunker fuel sales from June to July:

• Total sales up by 2% to 611,000 mt
• VLSFO sales down by 4% to 409,000 mt
• HSFO sales up by 18% to 176,000 mt
• LSMGO sales steady at 26,000 mt

In July, HSFO sales increased by 27,000 mt to reach 176,000 mt, marking their highest level since March. The daily sales volume of HSFO rose to approximately 5,700 mt/day, up from about 5,000 mt/day in June.

Sales of the most in-demand product, VLSFO, declined by 4%—the lowest since February. LSMGO sales remained stable, maintaining June's volume of around 26,000 mt.

Overall, the port’s total bunker sales for July were 6% higher than in the same month last year.

Fuel grade share of total sales in July (compared to the year to date):

• 67% VLSFO 380cst (67% YTD)
• 0.23% VLSFO 180cst (0.13% YTD)
• 29% HSFO (28% YTD)
• 4% LSMGO (4% YTD)
• 0.03% MGO 0.50% (0.03% YTD)

By Tuhin Roy

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