Bunker prices in Asia ended the week with IFO making mostly small negative movements, while in East Asia MDO and MGO saw some gains.
Singapore IFO380 fell $0.50 to $598.50 per metric tonne (pmt), up $1.00 from last Friday with a spread of jsut $1.50, and down $4.50 from November 14, 2012. Low sulfur 380 cSt product (LS380) rose $0.00 to $683.50 making the premium for the Emissions Control Area (ECA) compliant fuel $85.00 pmt. MGO dropped $1.50 to $919.00 pmt, falling $15.00 week-on-week.
Busan IFO380 was down for a second consecutive day dripping $0.50 to $640.50 pmt, down $6.00 from last Friday, and dropping $21.00 from the previous month. LS380 was up $1.00 to $791.00 making the premium for the low sulfur product $150.50 pmt. MGO at the port dropped $0.50 to $956.00 pmt, falling $9.00 from last week.
Hong Kong IFO380 was down $1.50 to $614.50 pmt, for a week-on-week change of $-0.50, and down $1.00 from last month. MGO in Hong Kong climbed $1.50 to $949.50 pmt, down $10.00 from last Friday, and up $1.00 from November 14, 2012.
Tokyo IFO380 fell for the first time since Monday dropping $4.50 to $643.50 pmt, dropping $6.00 week-on-week, and falling $16.00 from the previous month. MDO fell $1.50 to $952.00 pmt, the same price as last Friday, and up $12.00 from November 14, 2012.
