North America bunker prices end the week with gains
Bunker prices in North America ended the week with many ports seeing rising prices, according to Ship & Bunker data, however Los Angeles IFO380 continued on a downward trend.
Houston IFO380 moved up for the first time since January 7, 2013 rising $3.50 to $626.50 per metric tonne (pmt), making a loss of $7.50 week-on-week, and $18.00 higher than December 18, 2012. Low sulfur 380 cSt product (LS380) climbed $2.00 to $728.00 making the premium for the Emissions Control Area (ECA) compliant fuel $101.50 pmt. MGO rose $2.50 to $1009.00 pmt, down $9.50 since last Friday.
LA / Long Beach IFO380 continued to fall for an eighth consecutive market day slipping $2.50 to $623.00 pmt, $22.50 lower than this time last week, and $10.00 lower than December 18, 2012. LS380 was steady at $757.00 making the premium for the low sulfur product $134.00 pmt. MGO in the port moved down $5.00 to $1025.50 pmt, slipping $10.00 week-on-week.
New Orleans IFO380 remained at $633.50 pmt, $11.00 lower than last Friday, and up $12.00 compared to this time last month. LS380 rose $4.50 to $735.00 making the premium for the low sulfur grade $101.50 pmt. MGO in New Orleans rose $0.50 to $1015.50 pmt, down $1.50 compared to last Friday.
Vancouver IFO380 climbed $2.00 to $637.50 pmt, $4.00 higher week-on-week, and up $10.00 month-on-month. LS380 rose $3.00 to $873.50 making the premium for the ECA compliant fuel $236.00 pmt. MGO climbed $2.00 to $1066.50 pmt, $0.50 higher than last Friday.
