View Sino began the trading of M100 fuel oil from the Far East in June, with monthly supply at about 20,000mt, said some related sources.
This was confirmed by a source with View Sino, who said the company had stable fuel oil supply from Vladivostok, with the volume for each cargo at about 10,000mt.
View Sino is major trader of South Korean fuel oil, mainly from GS-Caltex, Hyundai Oilbank and S-Oil. It sourced fuel oil from other channels as supply from South Korea has dropped notably in the past few years, because South Korean refineries keep upgrading secondary units and trimming fuel oil output.
View Sino's monthly fuel oil trading volume was at 100,000-150,000mt in 2010, C1 learned.
