Americas bunker price movements continue to be small
Bunker prices in the Americas were mixed today, with very few significant movements seen in either direction, Ship & Bunker reports.
Houston IFO380 dropped $3.00 to $605.00 per metric tonne (pmt), making a week-on-week loss of $5.00, and down $11.50 over the past month. Low sulfur 380 cSt product (LS380) slipped $1.00 to $707.50 making the premium for the low sulfur product $102.50 pmt. MGO moved down $4.00 to $1006.50 pmt, falling $15.50 from last Thursday, and down $16.50 compared to last month.
New York IFO380 slipped for a third consecutive day down $4.50 to $619.50 pmt, losing $9.00 over the past week, and $6.00 lower than the price on October 29, 2012. LS380 climbed $1.50 to $693.50 pmt to make the premium for the Emissions Control Area (ECA) compliant fuel $74.50. MGO in New York was steady at $1041.00 pmt, down $10.00 week-on-week.
LA / Long Beach IFO380 moved down for a third consecutive day dropping $1.50 to $668.00 pmt, $4.00 lower than last Thursday, and down $17.50 compared to last month. LS380 dropped $1.00 to $750.00, for a week-on-week loss of $4.00, and making the premium for the low sulfur fuel $82.00 pmt.
New Orleans IFO380 fell for the first time since November 23, 2012 slipping $3.00 to $621.50 pmt, up $4.00 on last Thursday, and $42.50 below the price on August 29, 2012. LS380 was down $2.50 to $717.50 pmt, up $7.00 on the price two weeks ago, and $1.00 lower than the price on October 29, 2012. MGO slid for a fourth consecutive market day down $1.50 to $1006.00 pmt, falling $15.50 in the past week, and down $16.00 since October 29, 2012.
Vancouver IFO380 was steady at $643.00 pmt for a week-on-week loss of $8.50, and falling $9.50 from last month. LS380 dropped $2.50 to $913.00 making the premium for the low sulfur fuel $27.00 pmt. MGO moved up $1.00 to $1081.50 pmt, slipping $19.00 since last Thursday, and $68.00 lower than three months ago.