Bunker prices saw mostly small movements on Thursday. Key price indicator ports Rotterdam, Fujairah, and Houston all saw IFO380 gain between $0.50 and $1.00, while Singapore saw the grade fall $2.00 pmt, Ship & Bunker reports.
Singapore IFO380 fell for a fourth consecutive market day dropping $2.00 to $628.50 per metric tonne (pmt), and MGO was down $1.50 to $937.50 pmt.
Hong Kong saw IFO380 move down for a seventh consecutive market day slipping $3.50 to $645.00 pmt, while MGO dropped $6.50 to $965.00 pmt.
Rotterdam IFO380 was up for the first time since October 19, 2012 gaining $0.50 to $607.50, and low sulfur 380 cSt product (LS380) moved up $3.00 to $639.00 ending six consecutive days of falling prices. MGO at the port also climbed $3.00 bringing the price to $954.00 pmt.
Fujairah 380 cSt product added $1.00 to bring the price to $631.00 for a week-on-week loss of $10.50, while MGO was up $6.00 to $1030.00 pmt.
Houston IFO380 moved up for the first time since October 15, 2012 gaining $1.00 to $616.50 pmt, and LS380 continued down for a seventh consecutive market day dropping $0.50 to $718.0 pmt. Houston MGO gained for the first time since October 12, 2012 rising $1.50 to $1023.00 pmt.
LA / Long Beach IFO380 was up $3.50 to $676.50 pmt, and LS380 climbed $6.50 to $750.00 raising the premium for the low sulfur fuel $73.50 pmt.
The WTI spot price moved up for the first time since October 16, 2012 gaining $0.35 to close at $85.68 per barrel.
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