Baltic Exchange: Bunker Report (14 September, 2023)

The following bunker report has been provided by freight market information provider Baltic Exchange for post on Singapore bunkering publication Manifold Times:

Commentary:

Bunker prices are up broadly across all grades in all four regions we cover, based on macro oil fundamentals and demand. The Atlantic basin is dealing with adverse weather, of course geo-politics remain fractured, and while demand is strong, volatility is another factor. Specifically for bunkers, the HSFO / VLSFO spread in R’dam / ARA continues to be narrow, and LSMGO in Houston / USGC is still on a bull run.

Note:

All values are in US$/metric ton, all-in (invoice price), delivered on board
Delivery in 7-10 days
ISO 8217:2010
IFO 380 3.5% Sulphur
IFO 380 0.5% Sulphur
DMA 0.1% Sulphur

Rotterdam – Waalhaven – Maasvlakte range
Houston – Houston Harbor
Singapore – Anchorage, under SBA Scheme
Fujairah – Offshore Anchorage Area

Submitted weekly at Close of Business on Thursdays

Panellists:
Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect, Transparensea Fuels 

Photo credit and source: Baltic Exchange
Published: 15 September, 2023