Bunker prices in Asia made further gains today, Ship & Bunker data showed, and with the exception of MGO in Russia, prices in East Asia were up across the board.
Singapore IFO380 rose $1.00 to $611.00 per metric tonne (pmt), making a week-on-week gain of $6.00, and down $46.50 over the past three months. Low sulfur 380 cSt product (LS380) was up $2.50 to $694.00 making the premium for the Emissions Control Area (ECA) compliant fuel $83.00 pmt. MGO moved down $0.50 to $935.00 pmt, down $7.00 since last month.
Busan IFO380 was up $2.50 to $641.00 pmt, moving up $7.50 from last Friday, and $6.00 down from November 28, 2012. LS380 moved up $4.00 to $782.50 making the premium for the low sulfur fuel $141.50 pmt. MGO in the port rose $5.50 to $966.50 pmt, falling $39.50 over the past three months.
Hong Kong IFO380 moved up for the first time since December 21, 2012 rising $4.00 to $625.50 pmt, $1.50 lower than last week, and falling $44.50 in three months. MGO was steady at $960.50 pmt, $11.00 higher than two weeks ago, and down $7.00 from November 28, 2012.
Tokyo IFO380 moved up $6.00 to $655.00 pmt, gaining $5.50 week-on-week, and making a $-13.50 change since last month. MDO in Tokyo was up $9.50 to $964.50 pmt, up $4.00 since last Friday, and climbing $6.50 from November 28, 2012.
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