Rotterdam bunker prices remain steady

Bunker prices in Europe and the Middle East were mostly stable, with many ports seeing small mixed movements, Ship & Bunker reports.

Rotterdam IFO380 was steady at $594.00 per metric tonne (pmt) with a change of $-1.00 and $7.00 over the previous one and two weeks respectively, and down $23.50 since October 22, 2012. Low sulfur 380 cSt product (LS380) moved down for the first time since November 16, 2012 slipping $1.00 to $627.00, making the premium for the low sulfur fuel $33.00 pmt. MGO at the port fell $1.50 to $935.50 pmt up $7.50 from last Thursday.

Piraeus IFO380 gained $2.00 to $608.00 pmt falling $3.00 week-on-week and down $71.00 in the past month. LS380 was up $3.50 to $678.50 pmt and up $6.00 on last Thursday's price, while MGO climbed $4.00 to $974.00 adding $27.50 in the past week.

Fujairah 380 cSt product was up $1.50 to $611.50 pmt adding $8.00 over the past two weeks and down $26.00 since October 22, 2012. MGO in Fujairah rose $3.50 to $1024.00 making a three month gain of $5.50 pmt.

Istanbul IFO380 climbed $1.50 to $622.00 pmt, down $2.00 week-on-week and making a monthly change of $-37.00 pmt. MGO at the port was up $5.00 to $1004.00 pmt adding $16.50 to last Thursday's price and slipping $38.00 since October 22, 2012.