Bunker prices firm in Europe, Americas

Contributed to PortNews IAA by Ship & Bunker

Bunker prices ended the week firm in Europe and much of the Americas, which also showed the downward trend continued in much of Asia.

However key port Singapore was one of the few in the region to make gains, with IFO380 ending a run of six consecutive market days of falling prices with a gain of $5.00 to $601.00 per metric tonne (pmt), for a week-on-week change of $-20.00.

Rotterdam, like most of Europe, registered a small gain in price for all products, with benchmark grade IFO380 making a gain of $1.00 to $575.00 pmt, down $16.00 since last week

Fujairah IFO380 has made mixed movements this week, and Friday gained $5.00 to $609.50 pmt to make the week-on-week change $-14.50.

Houston IFO380 was up $1.00 to $576.50 pmt on Friday, ending a run of falling prices that began last Friday and making a change of $-27.00 in that time.

Read in more: http://shipandbunker.com/news/world/908423-daily-bunker-price-report-friday-april-19-2013