World News
Global Bunker Prices Start Week with Mixed Movements
Global bunker prices saw mainly small, mixed movements on Monday, Ship & Bunker price data has shown.
IFO prices in Asia were mainly up with the exception of Singapore with IFO380 falling $1.00 to $604.00 per metric tonne (pmt).
In Hong Kong 380 cSt product gained $5.00 to $622.00, the highest price since the first of the month.
In Europe, Rotterdam IFO380 reversed three days of rising prices to drop $5.50 to $581.00, the same price as Monday last week.
Fujairah 380 cSt product fell $6.50 to $609.50 pmt.
Houston IFO380 was down $1.00 to $580.50, while in New York IFO380 was down $1.50 to $590.00 with IFO180 steady at $623.50.
LA / Long Beach continued a downward trend seeing a seventh consecutive day of losses, dropping $1.00 to $589.50.
Crude futures fell on Monday with WTI down $0.76 and closing at $83.27.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 491.00 | 2.50 | 592.50 | 16.50 |
| Rotterdam | 445.00 | 13.00 | 593.50 | 11.00 |
| Houston | 443.50 | 6.50 | 601.50 | 5.50 |
| Fujairah | 487.00 | 10.50 | 711.00 | 12.00 |
| Global 20 Ports Average | 517.50 | 1.50 | 697.00 | 3.00 |
| Global 4 Ports Average | 466.50 | 3.50 | 624.50 | 0.00 |
| Global Average Bunker Price | 559.50 | 2.50 | 736.00 | 2.00 |
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