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2012 November 13   09:00

Bunker Prices Firm in the Americas

Bunker prices in the Americas were generally firm on Monday, with Houston, LA / Long Beach, and New Orleans all seeing a second consecutive market day of gains, Ship & Bunker reports.

Houston IFO380 moved up $6.50 to $604.00 per metric tonne (pmt) for a week-on-week gain of $9.00 but down $32.00 in the past month. MGO in the port climbed $9.00 to $998.00 pmt losing $73.00 over a one month period.

New York IFO380 and MGO ended two consecutive market days of losses and moved up $6.50 to $627.00 and $11.00 to $1008.00 respectively. IFO380 has fallen $21.00 pmt in the past three months and MGO gained $22.50 in the same period.

LA / Long Beach IFO380 climbed $8.50 to $680.00 pmt gaining $13.50 in the past three months and down just $1.50 week-on-week. Low sulfur 380 cSt product (LS380) added $8.00 to bring the price to $756.00 making the premium for the Emissions Control Area (ECA) compliant fuel $76.00 pmt.

New Orleans IFO380 rose $4.50 to $609.00 making a week-on-week gain of $9.50, and LS380 moved up $3.00 to $704.50 pmt and up $10.00 over the past week. MGO at the port climbed $4.50 to bring the price to $1007.00 pmt.

Montego Bay and Kingston saw MGO gain $13.00 to $1066.00 and $4.50 to $1014.50 respectively.

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