Gains for bunker prices across the EMEA region
Bunker prices in the EMEA region continued on an upward trend on Monday, according to Ship & Bunker data. Rotterdam IFO380 moved up a second consecutive market day gaining $3.00 to $616.50 per metric tonne (pmt), rising $4.00 week-on-week, and up $33.00 since December 21, 2012. Low sulfur 380 cSt product (LS380) moved down $1.50 to $644.50 making the premium for the Emissions Control Area (ECA) compliant fuel $28.00 pmt. MGO in the port was unchanged at $945.50 pmt, up $7.00 since last Monday.
Fujairah IFO380 climbed for a third consecutive market day up $3.00 to $626.50 pmt, rising $6.00 week-on-week, and $20.50 since December 21, 2012. MGO climbed $3.00 to $1003.00 pmt, the same price as this time last week, and $6.00 lower month-on-month.
Istanbul IFO380 rose $4.00 to $656.50 pmt, $2.00 down from last Monday, and $37.00 higher than this time last month. MGO in Istanbul remained at $1014.50 pmt, no change week-on-week, and $23.00 higher month-on-month.
Piraeus IFO380 climbed $6.00 to $643.00 pmt, making a $6.00 gain since last Monday, and $38.50 higher than December 21, 2012. LS380 was up $2.50 to $705.50 making the premium for the low sulfur product $62.50 pmt. MGO rose $1.00 to $984.50 pmt, up $8.50 week-on-week.
