Contributed to PortNews IAA by Ship & Bunker
Bunker prices continued to slide in most markets around the world today, with Ship & Bunker data showing ports continue to hit new lows for the year and, in many cases, within the last nine months.
Players on North America's West Coast continued to report low demand, while movements South America were a little mixed today.
Houston IFO380 was down $6.50 to its new nine-month low of $580.00 pmt, while LS380 fell $4.50 to $646.50.
MGO fell $10.00 to $946.50 pmt, $12.00 more than the nine-month low of $934.50 on July 17, 2012.
Read more: http://shipandbunker.com/news/world/392665-daily-bunker-price-report-wednesday-apr-17-2013