Houston bunker prices continue to fall
Bunker prices in the U.S. were generally soft mid-week, according to Ship & Bunker data, which was a quiet day for most South American ports.
Houston IFO380 fell for a seventh consecutive market day slipping $1.50 to $623.50 per metric tonne (pmt), down $12.50 week-on-week, and a $14.50 increase since December 17, 2012. Low sulfur 380 cSt product (LS380) slipped $1.00 to $726.50 making the premium for the Emissions Control Area (ECA) compliant fuel $103.00 pmt. MGO fell $6.00 to $1006.50 pmt, slipping $8.50 since last Wednesday.
LA / Long Beach IFO380 dropped for a sixth consecutive market day falling $7.50 to $634.00 pmt, making a $13.00 drop since last Wednesday, and the same price as this time last month. LS380 dropped $6.00 to $764.00 making the premium for the low sulfur grade $130.00 pmt. MGO was steady at $1038.00 pmt, losing $8.50 week-on-week.
New Orleans IFO380 climbed $3.00 to $639.00 pmt, down $4.00 since this time last week, and $17.50 higher than December 17, 2012. LS380 dropped $9.50 to $732.50 making the premium for the low sulfur grade $93.50 pmt. MGO in New Orleans climbed $5.50 to $1016.00 pmt, the same price as last Wednesday.
Vancouver IFO380 was up for a third consecutive day rising $0.50 to $635.50 pmt, $1.00 higher week-on-week, and a $+13.50 change from December 17, 2012. LS380 moved down $0.50 to $881.50 making the premium for the low sulfur grade $246.00 pmt. MGO in the port fell $4.00 to $1068.50 pmt, up $17.00 month-on-month.
