Marine fuel prices in many markets in both North and Latin America climbed today after uncertain movements at the end of last week, Ship & Bunker reports.
Houston IFO380 climbed $3.00 to $610.50 per metric tonne (pmt) rising $6.50 week-on-week and down $15.50 over the past month. Low sulfur 380 cSt product (LS380) was down for a second consecutive market day dropping $5.00 to $704.00 pmt down $2.50 on last Monday's price, and MGO moved up $8.00 to $1000.50 pmt.
New York IFO380 was up for a third consecutive market day gaining $3.50 to $636.00 pmt putting the price $9.00 higher than last Monday with a one month change of $-3.00. MGO at the port was up $6.00 to $1018.50 pmt
Los Angeles / Long Beach IFO380 continued to climb for a third consecutive market day up $9.50 to $694.00 pmt, making a week-on-week gain of $14.00 and up on last month by $13.00. LS380 moved up for a fourth consecutive market day rising $4.00 to $781.50 putting the premium for the low sulfur product at $87.50 pmt.
New Orleans IFO380 was up $6.50 to $620.50 pmt, $11.50 higher than last Monday's price but down $12.50 over the past month, and MGO climbed $9.50 to $1006.50 pmt making the price $0.50 below last Monday's.
Vancouver bunker prices made some sharp gains on Monday, with IFO380 moving up $15.50 to $650.00 pmt for a week-on-week gain of $26.50 and up $16.50 over the past two weeks, while MGO rose $23.50 to $1103.00 pmt, up $23.50 from last Monday.
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