Global bunker prices were generally falling again on Thursday, with the exception of a number of Asian ports that saw their markets making further gains on yesterdays prices. Key price indicator ports Singapore, Rotterdam, Fujairah, and Houston all saw IFO380 lose between $12.00 and $5.00 pmt, Ship & Bunker reports.
Singapore IFO380 moved down $5.00 to $607.50 per metric tonne (pmt) making a week-on-week loss of $6.00, and MGO lost just over half of yesterday's gains and slipped $14.00 to $932.50 pmt.
Hong Kong IFO380 was down again after yesterday's brief change after two weeks of declining prices, falling today $2.00 to $619.50 pmt, while MGO saw a second consecutive day of rises moving up $6.50 to $952.00 pmt.
Rotterdam IFO380 dropped $7.00 to $587.00 pmt down $8.50 on last Thursday's price, low sulfur 380 cSt product (LS380) slipped $11.50 to $617.00 pmt, and MGO lost $11.00 to bring the price to $924.50 pmt.
Fujairah 380 cSt product fell $12.00 to $603.50 down $56.00 over the past three months, while MGO was steady at $1022.00 pmt.
Houston IFO380 dropped $9.00 to $595.50 pmt falling $37.00 from last month, LS380 was down $14.00 to $692.50 pmt just above Monday's $690.50, and MGO slipped $8.50 to $995.50 pmt.
LA / Long Beach IFO380 fell $1.50 to $667.50 pmt down $24.00 week-on-week, while LS380 dropped $2.00 to $744.00 making the premium for the ECA complaint fuel $76.50 pmt.
The WTI spot price moved up by $0.58 to close at $84.97 per barrel.
All news