Bunker prices were mixed in European ports today, and falling in the U.S. and Asia. Key price indicator ports Singapore, Rotterdam and Houston all saw IFO380 fall for a second consecutive day while the grade was steady in Fujairah, Ship & Bunker reports.
Singapore IFO380 dropped $3.00 to $636.00 per metric tonne (pmt), and MGO moved up $3.50 to $958.00 pmt.
Hong Kong saw IFO380 fall for a second market day losing $5.00 to $646.00, while MGO ended two consecutive market days of gains and slipped $4.00 to $976.00 pmt.
Rotterdam IFO380 was down $5.50 to $615.50 pmt, 1.00% maximum sulfur 380 cSt product (LS380) dropped $6.50 to $657.00, and MGO gained for a third consecutive market day rising $5.00 to $979.00 pmt.
Fujairah 380 cSt was steady at $635.00, while MGO moved down for the first time since October 4, 2012 losing $2.50 to $1033.50 pmt.
Houston IFO380 lost $2.50 bringing the price to $630.00, LS380 fell $4.50 to $725.00, and MGO moved up for a third consecutive market day gaining $2.00 to $1051.00 pmt.
LA / Long Beach IFO380 was down $1.50 to $664.00, while LS380 dropped $2.00 to $787.00 making the premium for the low sulfur grade $123.00 pmt.
The WTI spot price moved up $3.06 (3.43%) to close at $92.39 per barrel.
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