Key ports make bunker price gains in the Americas
Bunker prices were generally rising in the Americas today, with IFO380 in New York, Vancouver, Houston, Buenos Aires, and Callao all all adding to last Friday price, Ship & Bunker reports.
Houston IFO380 rose $3.50 to $611.50 per metric tonne (pmt), no change from the price last Monday, and $16.50 higher than last month. Low sulfur 380 cSt product (LS380) climbed $4.00 to $724.00, gaining $12.50 week-on-week, and making the premium for the low sulfur fuel $112.50 pmt. MGO climbed $6.50 to $1019.00 pmt, up $18.50 compared to the price two weeks ago, and climbing $21.50 from November 5, 2012.
New York IFO380 was up for the first time since November 19, 2012 climbing $2.50 to $621.50 pmt, losing $7.00 week-on-week, and down $4.00 from last month. LS380 rose $5.00 to $695.00 making the premium for the low sulfur product $73.50 pmt. MGO fell $2.50 to $1042.00 pmt, falling $7.50 from last Monday, but up $42.50 since November 5, 2012.
New Orleans IFO380 was up $3.50 to $631.00 pmt, rising $11.00 over the last week, and up $31.50 from the price on November 5, 2012. LS380 was up $5.50 to $732.00 to make the premium for the Emissions Control Area (ECA) compliant fuel $101.00 pmt. MGO was up for the first time since November 22, 2012 gaining $16.00 to $1021.00 pmt a week-on-week increase of $7.00.
LA / Long Beach IFO380 fell for a fifth consecutive market day dropping $0.50 to $663.00 pmt, down $11.00 from last Monday, and falling $18.50 since November 5, 2012. LS380 slipped $1.50 to $742.00, a week-on-week loss of $17.00, and making the premium for the low sulfur fuel $79.00 pmt.
Vancouver IFO380 was up for a second consecutive market day gaining $4.50 to $650.50 pmt, making a $2.50 week-on-week increase, and adding $17.00 over the past month. LS380 was steady at $912.50 making the premium for the low sulfur product $262.50 pmt.