IFO380 bunker prices in Europe, the Middle East, and Africa mostly made small gains today, while IFO180 in North and Western Europe fell.
Rotterdam IFO380 gained $1.50 to $589.00 per metric tonne (pmt) for a week-on-week gain of $7.00. Low sulfur 380 cSt product (LS380) gained $2.00 to $616.00 pmt widening the premium for the fuel to $27.00.
Gdansk IFO380 edged up $3.00 to $609.50 after a steady market yesterday, while IFO180 mostly correcting Monday's big gain for the product, today falling $26.50 to $639.50 to put the gain since last Friday at $3.00.
Piraeus IFO380 was up $12.00 to $614.50 pmt after three consecutive days of smaller losses putting the week-on-week gain at $14.00. LS380 was up $11.00 to $679.00 pmt narrowing the premium for low sulfur fuel to $64.50. MGO slipped $1.00 to $953.00 pmt for a change of just $4.50 since last Tuesday.
Fujairah IFO380 climbed $0.50 to $606.50 pmt for a week-on-week gain of $6.50. MGO in the port slipped $0.50 to $1021.50 pmt for a week-on-week gain of just 1.00.
Istanbul IFO380 was up for a second day, gaining $6.00 to $625.00 pmt for a week-on-week gain of $6.00. MGO fell $2.50 to $992.50 pmt.
