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Asia Fuel Oil-HSFO premiums inch up while market structure firms

Spot premiums for high sulphur fuel oil (HSFO) edged higher on Wednesday amid a stronger backwardated market structure. Intermonth spreads firmed for both 180-cst and 380-cst grades at the prompt month on robust trading momentum in the derivatives market, said trade sources. Cracks for 380-cst HSFO in December also closed higher day-on-day, at discounts of …