SINGAPORE, Sept 3 (Reuters) - Asian gasoil prices remained supported on Monday as spot demand emerged from Sri Lanka and the Philippines, traders said. Gasoil cracks slipped by 14 cents to $19.91 a barrel while September prices increased more than October gasoil prices in the derivatives market. Sri Lanka's Ceylon Petroleum Corp. is seeking 300,000 barrels of gasoil for delivery in mid-September, after the country's sole oil refinery shut on Saturday following damage to a floating pipeline at the Colombo port.ID:nL4E8K31GK MDIS/TENDA The import requirements are likely to make up a possible supply shortfall during the shutdown, which is expected to last a few days. But the shutdown is unlikely to have a big impact on the gasoil market as Sri Lanka's overall demand for gasoil is down due to the monsoon season, traders said. The company has also bought a gasoil and gasoline combination cargo from a little-known Indonesian company called Bumi Siak for the first time. It paid a premium of $5.10 a barrel above Singapore quotes, for the gasoil portion of the cargo which made up 30,000 barrels. Traders were surprised at Bumi Siak's sale as Indonesia is a net importer of gasoil and gasoline. Diesel demand also emerged from the Philippines, with Petron seeking a cargo for early October delivery. Demand for transport fuel in the Philippines has been higher on the back of a growing economy.ID:nL4E8JT4E1 In the jet fuel market, more supply was seen out of Yemen, with the country's Aden Refinery offering its second cargo since it resumed production last month, after a nine-month halt.ID:nL4E8JD2NH * TENDERS: Ceypetco is seeking 300,000 barrels of 0.25 percent sulphur gasoil for Sept. 19 delivery. The tender closes on Sept. 4 and is valid until Sept. 7. - Petron is seeking 250,000 barrels of 500 ppm sulphur diesel for Oct. 1-3 delivery. The tender closes on Sept. 4, with same-day validity. - Yemen has offered 30,000 tonnes of jet fuel for Sept. 23-25 loading. The tender closes on Sept. 4 and is valid until Sept. 5. * CASH DEALS: No trades reported. MID-DISTILLATES CASH ($/T) ASIA CLOSE Change % Change Prev RIC Close Spot Gas Oil 0.5% 133.60 1.11 0.84 132.49GO-SIN GO 0.5 Diff 1.58 0.00 0.00 1.58GO-SIN-DIF Spot Gas Oil 0.25% 134.27 1.12 0.84 133.15GO25-SIN GO 0.25 Diff 2.25 0.00 0.00 2.25GO25-SIN-DIF Spot Gas Oil 0.05% 134.82 1.12 0.84 133.70GO005-SIN GO 0.05 Diff 2.80 0.00 0.00 2.80GO005-SIN-DIF Spot Gas Oil 135.82 1.12 0.83 134.70GO10-SIN 0.001% GO 0.001 Diff 3.80 0.00 0.00 3.80GO10-SIN-DIF Spot Jet/Kero 134.46 1.13 0.85 133.33JET-SIN Jet/Kero Diff 1.21 0.00 0.00 1.21JET-SIN-DIF SWAPS ($/T) ASIA CLOSE Change % Change Prev PM (1130 GMT) (0830 GMT) Close Brent M1 114.55 1.32 1.17 113.23BRENTSGMc1 Gasoil M1 132.45 1.25 0.95 131.20GOSGSWMc1 Gasoil M1/M2 1.39 0.19 15.83 1.20GOSGSPDMc1 Gasoil M2 131.06 1.06 0.82 130.00GOSGSWMc2 Regrade M1 1.16 -0.01 -0.85 1.17JETREGSGMc1 Regrade M2 1.38 0.01 0.73 1.37JETREGSGMc2 Jet M1 133.61 1.24 0.94 132.37JETSGSWMc1 Jet M1/M2 1.17 0.17 17.00 1.00JETSGSPDMc1 Jet M2 132.44 1.07 0.81 131.37JETSGSWMc2 Gasoil 0.5%-Dubai 19.91 -0.14 -0.70 20.05GOSGCKMc1 Cracks M1 Gasoil 0.5%-Dubai 19.54 -0.25 -1.26 19.79GOSGCKMc2 Cracks M2 Jet Cracks M1 21.29 -0.13 -0.61 21.42JETSGCKMc1 Jet Cracks M2 20.95 -0.23 -1.09 21.18JETSGCKMc2 East-West M1 -7.25 2.81 -27.93 -10.06LGOAEFSMc1 East-West M2 -17.23 1.15 -6.26 -18.38LGOAEFSMc2 LGO M1 994.00 6.50 0.66 987.50LGOAMc1 LGO M1/M2 0.38 -0.25 -39.68 0.63LGOASPDMc1 LGO M2 993.63 6.75 0.68 986.88LGOAMc2 Crack LGO-Brent M1 18.82 -0.42 -2.18 19.24LGOACKMc1 Crack LGO-Brent M2 18.81 -0.26 -1.36 19.07LGOACKMc2 (Reporting by Jessica Jaganathan; Editing by Anthony Barker) ((Jessica.Jaganathan@thomsonreuters.com)(+65 6870 3822)(Reuters Messaging: jessica.jaganathan.thomsonreuters.com@reuters.net)) Keywords: MARKETS DISTILLATES/ASIA
Asia Distillates-Sri Lanka, Philippines spot demand supports
September 3, 2012




















