Bunker prices mixed on Friday
Bunker prices were mixed as the week closed, and key price indicator ports Singapore, Rotterdam, Fujairah, and Houston all saw IFO380 make small losses ending two consecutive days of gains, Ship & Bunker reports.
Singapore IFO380 moved down $3.00 to $648.50 per metric tonne (pmt) losing $1.00 week-on-week, and MGO ended three consecutive days of gains falling $1.50 to $974.50 pmt.
Hong Kong saw IFO380 gain $1.00 to $662.50, up $3.00 on last Friday's price, while MGO climbed $2.50 to $995.50 pmt.
Rotterdam IFO380 dropped $3.00 to $628.00 gaining $1.00 over the week, 1.00% maximum sulfur 380 cSt product (LS380) fell $9.50 to $662.00 pmt, and MGO ended five consecutive market days of gains and slipped $3.00 to $1007.00 pmt.
Fujairah 380 cSt product was down $1.00 to $651.50 pmt, $2.00 higher than last Friday, while MGO dropped $3.50 to $1035.50 pmt.
Houston IFO380 fell $6.00 to $636.00 pmt making a week-on-week loss of $2.00, LS380 was down $8.50 to $738.00, and MGO moved up for a sixth consecutive market day gaining $12.00 to $1071.00 pmt.
LA / Long Beach IFO380 gained for a third consecutive day moving up $9.00 to $685.00 adding $22.50 to last week's price, and LS380 lost $0.50 to $770.00 making the premium for the low sulfur grade $85.00 pmt.
The WTI spot price ended the week slipping $0.21 to close at $91.86 per barrel.
