Demand for bunker fuel in Sri Lanka’s ports is rising as India still faces supply bottlenecks
Despite increased demand, price movements for marine fuel oil on March 28 showed mixed trends. Prices in Kochi increased by $20/mt to $700/mt CFR, while Mumbai prices fell to $698/mt. Demand has surged at Indian ports, with changes in shipping routes affecting fuel availability and prompting redirection of inquiries to Sri Lanka.