Bunker prices in Europe were split with rising prices in North and Western European ports and falling prices in the Mediterranean and Black Sea. Fujairah saw small-to-moderate gains, and most ports in the region were up on the previous Monday's price, Ship & Bunker reports.
Rotterdam IFO380 moved up $2.50 to $595.50 per metric tonne (pmt) for a week-on-week gain of $8.00 and up $17.00 in two weeks, and low sulfur 380 cSt product (LS380) rose $4.50 to $625.00 pmt adding $11.00 to last Monday's price and making the premium for the low sulfur product $29.00. MGO at the port climbed $6.50 to $925.00 an increase of $6.50 week-on-week.
Piraeus IFO380 dropped $6.00 to $607.00 pmt up $4.50 on last Monday's price and down $38.00 over the past month, while LS380 saw a double digit loss of $20.50 to $661.00 falling $7.00 week-on-week. Piraeus MGO fell $4.50 to $944.00 pmt losing $10.00 week-on-week and $75.50 over the past month.
Fujairah IFO380 rose $7.00 to $617.00 pmt up $11.00 on the previous Monday and $19.50 over two weeks, while MGO gained $2.50 to $1024.00 pmt moving up $2.00 week-on-week and falling $7.50 in the last month.
Istanbul IFO380 slipped $1.50 to $622.50 pmt making a week-on-week gain of $3.50 and a loss of $36.00 since last month. MGO was down $7.50 to $979.00 pmt losing $16.00 since last Monday and dropping $69.00 since October 19, 2012.
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