Markets in the Americas remained mixed today according to Ship & Bunker data, but South America Atlantic MGO prices were soft everywhere, typically dropping $5.00 per metric tonne (pmt) today.
Houston IFO380 was up $4.00 to $612.50 pmt, gaining $11.00 week-on-week, and up $2.00 from last month. Low sulfur 380 cSt product (LS380) climbed $5.50 to $714.00 making the premium for the Emissions Control Area (ECA) compliant fuel $101.50 pmt. MGO moved up $5.00 to $996.50 pmt, rising $10.50 from last week.
LA / Long Beach IFO380 fell for a fourth consecutive market day dropping $19.00 to $614.00 pmt, $22.00 lower than last Wednesday, and down $80.00 from the previous month. LS380 moved down $37.00 to $709.00 making the premium for the low sulfur product $95.00 pmt. MGO in the port rose $6.00 to $1014.00 pmt, up $13.00 week-on-week.
New York IFO380 moved up for the first time since December 13, 2012 rising $5.50 to $612.00 pmt, up $3.00 on last Wednesday's price, and falling $24.00 from November 19, 2012. LS380 rose $4.50 to $658.00 making the premium for the low sulfur fuel $46.00 pmt. MGO climbed $4.50 to $1020.50 pmt, making a $14.50 gain week-on-week.
Vancouver IFO380 climbed for a third consecutive day gaining $2.00 to $629.50 pmt, $0.50 lower than last Wednesday, and down $20.50 month-on-month. LS380 slipped $3.00 to $877.50 making the premium for the low sulfur product $248.00 pmt. MGO in Vancouver was up $5.00 to $1068.50 pmt, rising $3.50 week-on-week.
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