Asia/Pacific News
Singapore Bunker Prices Flat For the Week
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.
