Asia/Pacific News
Singapore IFO380 Bunkers Stay Below $600 pmt
Tuesday June 4, 2013
Singapore IFO380 remained under $600 per metric tonne (pmt) today, but ended the day $2.00 higher than yesterday at $598.50 pmt. The benchmark has fallen $4.50 over the last week, with a spread of $10.00 in that time.
Low sulfur 380 cSt product (LS380) at the port was steady at $704.50, making the premium for the Emissions Control Area (ECA) compliant fuel $106.00 pmt. MGO rose $6.50 to $859.50 pmt, a week-on-week change of $-16.00.
