Monday bunker prices made small gains in most ports within the EMEA region as many of those markets continue experience prices around their lowest levels in over 3 months, Ship & Bunker reports.
Rotterdam IFO380 gained $4.00 to $587.50 per metric tonne (pmt), continuing the uncertain movements of last week. Low sulfur 380 cSt product (LS380) moved up $5.50 to $614.00 pmt putting the premium for the Emissions Control Area (ECA) compliant fuel at $26.50.
Piraeus IFO380 slipped $0.50 down to $602.50 pmt for a week-on-week loss of $6.50, while LS380 was down $2.00 to $668.00 pmt putting the premium for low sulfur fuel at $65.60. MGO in the port gained $7.50 to $954.00 pmt.
Fujairah rose $5.50 to $606.00 pmt after two previous market days of falling prices. MGO in the port gained $1.50 to $1022.00 pmt, correcting Friday's gain of the same magnitude and putting the week-on-week change at a gain of 3.50.
Istanbul bunker prices all made small gains, with IFO380 gaining $2.50 to $619.00 pmt, IFO180 gaining $4.00 to $645.50, and MGO up $1.00 to $995.00 pmt.
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