More big gains for IFO380 bunkers in Los Angeles / Long Beach

Contributed to IAA PortNews by Ship & Bunker

There were mixed movements for bunker prices in the Americas on Wednesday, but Los Angeles and Long Beach made it a forth consecutive market day of price gains, and a second day of double-digit gains for IFO380.

Today the product was up $15.00 to $652.00 pmt, a gain of $44.50 since last Thursday, while MGO at the port made a notable drop of $19.00 to $982.50 pmt, a new low for the year.

Houston IFO380 slipped $0.50 to $577.50 pmt to keep overall movement fairly flat over the last week, while LS380 was down $1.00 to $645.50 making the premium for the Emissions Control Area (ECA) compliant fuel $68.00 pmt.

MGO in Houston fell $2.50 to $940.00 pmt to make a gain of $+5.00 so far this week.

Read more: http://shipandbunker.com/news/world/856239-daily-bunker-price-report-wednesday-april-24-2013