Marine fuel prices inthe EMEA region were mostly falling, with the exception of Polish ports where IFO products rose $2.00 and MGO was up $8.00 pmt. Rotterdam, Piraeus, Fujairah, and Istanbul all saw IFO380 fall for a second consecutive day, and make week-on-week losses, Ship & Bunker reports.
Rotterdam IFO380 moved down $2.50 to $586.50 per metric tonne (pmt), falling $7.50 week-on-week, and down $17.50 from last month. Low sulfur 380 cSt product (LS380) slipped $4.00 to $611.00 making the premium for the low sulfur product $24.50 pmt. MGO was steady at $928.50 pmt, down $7.00 from last Thursday, and $25.50 lower than the price on October 29, 2012.
Piraeus IFO380 moved down $7.50 to $596.50 pmt, making a week-on-week loss of $7.50, and losing $35.50 from last month's price. LS380 was down $7.50 to $656.00 pmt making the premium for the Emissions Control Area (ECA) compliant fuel $59.50 pmt. MGO moved down $9.50 to $959.00 pmt, up $12.00 over the past two weeks, and dropping $46.50 since August 29, 2012.
Fujairah IFO380 dropped $7.50 to $602.50 pmt, down $9.00 week-on-week, and falling $25.50 compared to October 29, 2012. MGO was up $0.50 to $1019.50 pmt, slipping $4.50 from last Thursday, and down $14.00 over the past three months.
Istanbul IFO380 fell $8.50 to $612.50 pmt, $9.50 lower than the price last week, and falling $34.50 from October 29, 2012. MGO climbed $7.00 to $1005.00 pmt, gaining $1.00 week-on-week, and up $27.00 compared to the price six months ago.
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