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Japanese LSFO falls to most competitive level in North Asia amid bleak demand

Japan-delivered LSFO prices are currently the cheapest among the major regional bunkering locations for the first time this year following a sluggish November, with demand prospects in December remaining bleak amid a weaker-than-expected shipping market. Platts, part of S&P Global Commodity Insights, assessed the Japan-delivered LSFO flat price at $569/mt on Nov. 27, on par …