EMEA Bunker Prices End the Week Mixed
Bunker prices in the EMEA region ended the week mixed, according to Ship & Bunker data, but markets were generally firming in Europe. Rotterdam IFO380 rose $4.50 to $589.00 per metric tonne (pmt), up $5.50 week-on-week, and the same price as this time last month. Low sulfur 380 cSt product (LS380) was steady at $623.50 making the premium for the Emissions Control Area (ECA) compliant fuel $34.50 pmt. MGO remained at $934.50 pmt, $6.00 higher than last month.
Fujairah IFO380 was down $0.50 to $606.50 pmt, down $3.50 month-on-month, and $54.50 lower than three months ago. MGO in Fujairah moved up $1.00 to $1005.50 pmt, losing $3.50 week-on-week.
Istanbul IFO380 rose $4.50 to $622.50 pmt, gaining $3.00 since last Friday, and $1.50 up from this point in the previous month. MGO in the port moved up $5.00 to $993.50 pmt, down $4.50 in the last month, and falling $36.50 since September 28, 2012.
Piraeus IFO380 climbed $4.00 to $603.50 pmt, $1.00 lower than last Friday, and down $0.50 from November 28, 2012. LS380 rose $5.00 to $657.50 making the premium for the low sulfur product $54.00 pmt. MGO was up $4.50 to $965.00 pmt, gaining $23.50 over the past two weeks.
