Week ends with bunker prices mostly steady
Bunker prices saw little change again on Friday, with key price indicator ports Singapore, Rotterdam, Fujairah, and Houston all seeing IFO380 end the week down on last week by between $11.50 and $16.00 pmt, Seatrade Asia online reports.
Singapore was closed for a public holiday on Friday. IFO380 at the port remained at $628.50 per metric tonne (pmt) making a week-on-week loss of $15.00, and MGO remained at $937.50 pmt.
Hong Kong IFO380 moved down $0.50 to $644.50 pmt, $12.50 lower than last Friday's price, and MGO also lost $0.50 falling to $964.50 pmt.
Rotterdam IFO380 slipped $2.00 to $605.50 pmt for a week-on-week loss of $16.00, low sulfur 380 cSt product (LS380) was steady at $639.00, and MGO gained $2.50 to $956.50 pmt.
Fujairah 380 cSt product fell $1.00 to $630.00 pmt making the price $12.50 lower than last Friday, while MGO dropped $4.50 to $1025.50 pmt.
Houston IFO380 was down $2.00 to $614.50 with a week-on-week loss of $11.50, LS380 slipped $3.50 to $714.50, and MGO fell $4.00 to $1019.50 pmt.
LA / Long Beach IFO380 gained $3.50 to $680.00 down just $1.00 on last week's price, and LS380 was up $3.00 to $753.00 making the premium for the low sulfur grade $73.00 pmt.
The WTI spot price ended the week moving up for a second consecutive day climbing $0.60 to close at $86.28 per barrel.
