U.S. bunker prices remain soft
Ship & Bunker data showed Thursday bunker prices remained soft across the U.S. while some small gains were made elsewhere in the Americas.
Houston IFO380 continued down for an eighth consecutive market day down $0.50 to $623.00 per metric tonne (pmt), falling $11.50 week-on-week, and $14.00 higher than December 17, 2012. Low sulfur 380 cSt product (LS380) slipped $0.50 to $726.00 making the premium for the Emissions Control Area (ECA) compliant fuel $103.00 pmt. MGO was steady at $1006.50 pmt, $11.50 lower than this time last week.
LA / Long Beach IFO380 moved down for a seventh consecutive market day falling $8.50 to $625.50 pmt, dropping $21.00 since last Thursday, and down $8.50 compared to December 17, 2012. LS380 dropped $7.00 to $757.00 making the premium for the low sulfur fuel $131.50 pmt. MGO slipped $8.50 to $1029.50 pmt, $13.00 lower than the price this time last week.
New Orleans IFO380 moved down $5.50 to $633.50 pmt, falling $11.00 week-on-week, and down $12.00 month-on-month. LS380 moved down $2.00 to $730.50 making the premium for the low sulfur fuel $97.00 pmt. MGO in the port slipped $1.00 to $1015.00 pmt, $5.00 lower than last Thursday.
Vancouver IFO380 was unchanged at $635.50 pmt, up $1.50 from this time last week, and $13.50 higher than December 17, 2012. LS380 moved down $11.00 to $870.50 making the premium for the low sulfur product $235.00 pmt. MGO in Vancouver moved down $4.00 to $1064.50 pmt, making a week-on-week loss of $3.50.
