Bunker prices across the Americas fell today. But most movements stayed small, as has been typical over the last month, keeping the big picture one of steady prices with few surprises for either buyer or seller, Ship & Bunker reports.
Houston IFO380 slipped $6.00 to $608.00 per metric tonne (pmt) to wipe out the small gains made this week, now $2.00 lower than last Wednesday, and $8.50 lower than the price one month ago. Low sulfur 380 cSt product (LS380) fell $6.00 to $708.50 making the premium for the low sulfur fuel $100.50 pmt. MGO was down $9.50 to $1010.50 pmt, down $9.50 week-on-week, and slipping $26.50 over the past three months.
New York IFO380 was down $4.00 to $624.00 pmt, falling $4.50 from last Wednesday, and $1.50 lower than October 29, 2012. LS380 slipped $1.00 to $692.00, and MGO fell for a third consecutive market day dropping $7.50 to $1041.00 pmt.
Los Angeles / Long Beach IFO380 moved down $3.50 to $669.50 pmt, making a loss of $1.00 week-on-week, and down $22.00 from August 28, 2012. LS380 dropped $7.50 to $751.00 making the premium for the low sulfur product $81.50 pmt.
New Orleans 380 cSt product rose for the third consecutive day up $0.50 to $624.50 pmt, climbing $7.50 from last Wednesday, and up $2.00 from October 29, 2012. LS380 gained $1.50 to $720.00 pmt making the premium for the Emissions Control Area (ECA) compliant fuel $95.50. MGO in New Orleans slipped for a third consecutive day dropping $4.00 to $1007.50 pmt, losing $13.50 week-on-week.
Vancouver IFO380 fell for a third consecutive day slipping $4.50 to $643.00 pmt, down $8.50 from last Wednesday, and falling $9.50 from the previous month. LS380 moved down $3.00 to $915.50 making the premium for the low sulfur fuel $272.50 pmt, and MGO fell $3.50 to $1080.50 pmt slipping $17.50 week-on-week.
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