In the topsy turvy world of bunker fuel prices today has been a relatively quiet day. Overall fuel prices have stabilised after a significant decline yesterday with the global index showing mainly minor changes in price, though VLSFO did fall US$5.00/tonne.
European fuel prices appreciated slightly, in both the Northern and Southern regions and for all three main fuel types. The only exception was a US$1/tonne decline in Southern Europe.
Other regions showed minor shifts though, most notably in Central America which recorded falls of US$40.00 and US$12.50/tonne for VLSFO and MGO respectively. While the cost of 380 HFO remained the same as yesterday, at US$367.50.
One fuel market analyst told Container News the Central American bunker market is comparatively small and really should have followed yesterday’s trend in the larger bunkering regions, so this is merely a regional catch for Central America.
