Americas bunker prices start the week soft
Bunker prices in the Americas started the week soft, according to Ship & Bunker data, with few ports seeing positive price movements. Houston IFO380 fell for a fifth consecutive market day down $6.00 to $628.00 per metric tonne (pmt), $9.50 lower than last Monday, and $23.00 higher than December 14, 2012. Low sulfur 380 cSt product (LS380) was down $10.50 to $724.00 making the premium for the Emissions Control Area (ECA) compliant fuel $96.00 pmt. MGO moved down for the first time since January 7, 2013 falling $11.50 to $1007.00 pmt, down $1.00 week-on-week.
LA / Long Beach IFO380 moved down for a fourth consecutive market day falling $1.00 to $644.50 pmt, down $5.50 since last Monday, and $3.50 lower month-on-month. LS380 dropped $1.50 to $766.00 making the premium for the Emissions Control Area (ECA) compliant fuel $121.50 pmt. MGO moved up $2.00 to $1037.50 pmt, falling $3.00 week-on-week.
New Orleans IFO380 was down $4.00 to $640.50 pmt, falling $4.50 week-on-week, and $23.00 higher than December 14, 2012. LS380 dropped $5.00 to $737.00 making the premium for the ECA compliant fuel $96.50 pmt. MGO dropped $7.50 to $1009.50 pmt, up $2.00 since last Monday.
Vancouver IFO380 continued to make small movements rising $0.50 to $634.00 pmt, $2.00 down from last Monday, and $16.00 higher than December 14, 2012. LS380 slipped $0.50 to $881.00 making the premium for the low sulfur fuel $247.00 pmt. MGO rose $3.50 to $1069.50 pmt, down $7.00 week-on-week.