U.S. Bunker Prices Firm, Mixed Elsewhere in the Americas

New Orleans IFO380 gained for a third consecutive market day

U.S. bunker prices were mostly firm today with Ship & Bunker data showing double-digit gains for IFO in Los Angeles / Long Beach, while some ports in the wider U.S. Gulf and Caribbean region saw some negative movements. On the South American Pacific coast, IFO380 in Callao gained $2.50 per metric tonne (pmt) to $679.50, while the product in Valparaiso dipped $1.50 to $702.00 pmt.

Houston IFO380 climbed for a third consecutive market day rising $3.50 to $634.50 pmt, up $6.00 week-on-week, and an increase of $11.50 since December 28, 2012. Low sulfur 380 cSt product (LS380) climbed $1.50 to $731.50 making the premium for the Emissions Control Area (ECA) compliant fuel $97.00 pmt. MGO climbed $1.50 to $1019.50 pmt, a gain of $11.00 since last Monday.

LA / Long Beach IFO380 moved up for a sixth consecutive market day gaining $15.00 to $658.50 pmt, $32.00 higher than this time last week, and up $30.50 month-on-month. LS380 moved up $7.00 to $780.50 making the premium for the low sulfur grade $122.00 pmt. MGO in the port moved up $8.00 to $1043.00 pmt, an increase of $14.00 week-on-week.

New Orleans IFO380 gained for a third consecutive market day rising $1.00 to $641.50 pmt, up $5.00 week-on-week, and $6.50 higher than December 28, 2012. LS380 was up $0.50 to $736.00 making the premium for the ECA compliant fuel $94.50 pmt. MGO was up $2.00 to $1020.00 pmt.

Vancouver IFO380 climbed $2.00 to $640.00 pmt, $1.50 higher than last Monday, and up $4.00 month-on-month. LS380 fell $0.50 to $880.50 making the premium for the low sulfur grade $240.50 pmt. MGO in Vancouver dropped $1.00 to $1071.00 pmt, an increase of $3.00 week-on-week.