Global bunker prices were tending to move down on Monday according to Ship & Bunker data, however key price indicator ports saw mixed movements.
Singapore IFO380 moved up $2.50 to $677.00 per metric tonne (pmt), and MGO was up for a third consecutive market day gaining $2.50 to $1001.50 pmt.
Hong Kong saw IFO380 lose $1.00 to $692.00 pmt, while MGO dropped for the first time since August 22nd, 2012 slipping $0.50 to $1009.00.
Rotterdam IFO380 was steady at $657.00 pmt, 1.00% maximum sulfur 380 cSt product (LS380) gained $2.50 to $713.50 pmt, and MGO was up for a third consecutive market day rising $1.50 to $987.50 pmt.
Fujairah 380 cSt product climbed $2.50 to $691.00 pmt, while MGO gained for a third consecutive market day adding $3.50 to bring the price to $1040.50 pmt.
Houston IFO380 and LS380 both dropped on Monday losing $2.50 to $660.50 and $4.50 to $761.00 respectively, and MGO fell for a second consecutive market day slipping $3.00 to $1036.00 pmt.
LA / Long Beach IFO380 and LS380 both made gains, IFO380 moving up $7.00 to $696.50 and LS380 climbed $10.00 to $969.00 pmt making the premium for the low sulfur grade $272.50.
Monday's WTI spot price was down for a third consecutive market day dropping $0.38 to close at $95.47 per barrel.
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