South America saw some rising bunker prices today while elsewhere ports generally saw prices continue to make small downward movements.
Singapore IFO380 fell back to Friday's price losing $2.50 to $674.50 per metric tonne (pmt), and MGO dropped $5.00 to $996.50 pmt.
Hong Kong saw IFO380 steady at $692.00 pmt, while MGO rose $3.00 to $1012.00 pmt.
Rotterdam IFO380, 1.00% maximum sulfur 380 cSt product (LS380), and MGO all fell on Tuesday. IFO380 dropped $4.50 to $652.50 pmt, LS380 was down $7.00 to $706.50 and MGO was down $3.00 to $984.50 pmt.
Fujairah 380 cSt product fell $4.50 to $686.50 pmt, while MGO ended three consecutive market days of gains and moved down $4.00 to $1036.50.
Houston IFO380 and LS380 both fell for a second consecutive day dropping $4.50 to $656.00 and $6.50 to $754.50 respectively, and MGO gained $1.00 to $1037.00 pmt.
LA / Long Beach IFO380 and LS380 both ended two consecutive market days of gains and fell $5.00 to $691.50 and $14.00 to $955.00 pmt bringing the premium for the low sulfur product to $263.50 pmt.
The WTI spot price on Tuesday moved up for the first time since August 22, 2012 gaining $0.86 to close at $96.33 pmt.
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