U.S. bunker prices open the week mixed
Bunker prices in the U.S. started the week mixed, Ship & Bunker data showed, while IFO prices in Canada moved down. Houston IFO380 moved down for a fourth consecutive market day slipping $0.50 to $598.50 per metric tonne (pmt), a week-on-week change of $-13.00, and a monthly change of $-5.50. Low sulfur 380 cSt product (LS380) was steady at $699.00 widening the premium for the Emissions Control Area (ECA) compliant fuel $100.50 pmt. MGO fell for a fifth consecutive market day down $4.50 to $988.00 pmt, falling $31.00 week-on-week.
LA / Long Beach IFO380 moved up for a third consecutive market day gaining $2.50 to $629.50 pmt, down $33.50 compared to last Monday, and $50.50 lower than the previous month. LS380 climbed $1.00 to $725.50 making the premium for the low sulfur fuel $96.00 pmt. MGO was down for a fourth consecutive market day falling $7.00 to $998.00 pmt.
New York IFO380 fell for a fourth consecutive market day dropping $2.00 to $605.50 pmt, losing $16.00 week-on-week, and down $21.50 since November 12, 2012. LS380 moved down $0.50 to $666.50 making the premium for the low sulfur product $61.00 pmt. MGO dropped $16.50 to $1011.50 pmt, making a $30.50 loss from last Monday.
New Orleans IFO380 climbed $1.50 to $624.00 pmt, down $7.00 week-on-week, and up $15.00 month-on-month. LS380 slipped $0.50 to $723.00 making the premium for the low sulfur grade $99.00 pmt. MGO was down for a fifth consecutive market day falling $15.00 to $985.50 pmt, a weekly change of $-35.50.
Vancouver IFO380 slipped $5.50 to $637.00 pmt, losing $13.50 week-on-week, and down $11.00 compared to two weeks ago. LS380 slipped $3.50 to $901.50 making the premium for the product $264.50 pmt. MGO climbed $1.00 to $1076.00 pmt, up $5.00 from last Monday.