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2012 November 15   09:20

Bunker prices remain firm in Northern Europe

Marine fuel prices made small gains in North and Western Europe, while in the Mediterranean and Black Sea region many ports saw prices falling. Fujairah saw a quiet day with very little change, Ship & Bunker reports.

Rotterdam IFO380 saw a third consecutive day of gains up $1.00 to $590.00 per metric tonne (pmt) down over three months by $52.50, and low sulfur 380 cSt product (LS380) was steady at $616.00 pmt having falled $86.00 in three months. MGO in the port was down $1.00 to $918.00 making a week-on-week loss of $17.50 pmt.

Piraeus IFO380 was down $4.50 to $610.00 pmt losing $43.50 in the past month, LS380 fell $12.00 to $667.00 and down $7.00 week-on-week. MGO was down for a second consecutive market day dropping $5.00 to $948.00 pmt.

Fujairah IFO380 was steady at $606.50 making a monthly loss of $42.50 pmt, and MGO fell $0.50 for a second consecutive market day moving the price to $1021.00 pmt.

Istanbul 380 cSt ended two consecutive days of gains by moving down $7.50 to $617.50 pmt losing $51.00 over the past month and down $8.50 week-on-week. MGO slipped $14.50 to $978.00 pmt.

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