Bunker prices in Asia saw several ports making small mixed movements as others remained unchanged. Colombo saw the biggest movement in the region for IFO380, down $11.00 to $691.50 per metric tonne (pmt).
Singapore prices remained fairly steady today, benchmark grade IFO380 moving down $0.50 to $598.00 pmt for a change of just $+0.50 with a $1.00 spread since Friday, and falling $2.50 since last month with a spread of $18.50 in that time. Low sulfur 380 cSt product (LS380) was unchanged at $681.00 making the premium for the Emissions Control Area (ECA) compliant fuel $83.00 pmt. MGO climbed $1.00 to $923.00 pmt, down $20.50 since last Wednesday.
Busan IFO380 was steady at $643.50 pmt, down $3.00 from the price last week, and down $10.50 from the previous month. LS380 fell $1.00 to $795.00 making the premium for the low sulfur product $151.50 pmt. MGO at the port fell for a sixth consecutive market day dropping $2.50 to $955.00 pmt, down $16.50 week-on-week.
Hong Kong IFO380 climbed $0.50 to $614.50 pmt, down $3.50 from last Wednesday, and up $7.50 from November 12, 2012. MGO in Hong Kong was steady at $948.50 pmt, down $18.00 week-on-week, and a change of $-0.50 from last month.
Tokyo IFO380 moved up for a second consecutive day rising $0.50 to $647.50 pmt, down $4.50 from last Wednesday, and falling $15.00 from last month. MDO fell for a fourth consecutive day down $1.00 to $943.00 pmt, slipping $14.00 from last week.
