Cape Town Suppliers returned to the IFO spot market after a lengthy period of no quoting in June and July. Replenishment occurred in week 29, with all suppliers now quoting on the spot market. Prices around $40-$50/mt higher than Durban. Durban Availability is currently fine with all suppliers quoting on the spot market. Slight berthing delays were experienced last week due to adverse weather conditions. Delays are still being experienced but congestion is recovering.
MONTHLY BUNKER UPDATE FROM COCKETT MARINE
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