Major Port Bunker Price
MarineNet
Major Port Bunker Price

Unit: US$/MT delivered
Date:MARKET PRICES FOR 2004/7/6LAST DAY's
RegionPort/Area
Trend
380cst
delivered
180cst
delivered
MDO
delivered
AsiaJapan
STAY
198202

350

Korea
UP
193

205

340

Hong Kong
UP

191

194

304

Singapore
UP
185

190

315

AGFujairah
UP
181

187

335

Suez
UP

179

187

381
EuropeRotterdam
UP

159

169

315
Gibraltar
UP
178

188

390

USEast Coast
UP

179

188

350

Gulf Coast
UP
175 179

315

West Coast
UP

204

215

405


Comment

MARKET EXPECTATION FOR TODAY 7/7
---------------------------------------------------------
NY Crude oil was rebounded 39.65(+1.26) for WTI Aug last night. Nigerian Strike and tight avails for Mogas lead market bullish.
Singapore fuel oil traded 186.5 for Aug market, Korea shows 192-193 level today.
Japan 197-199 level for 380cst.
Traders are waiting for the announcement API today, but normaly traders may close their position by selling ppr in this case, market may down 50cents today.

Today`s Bunker Market Expectation
Singapore

183(-2)

Fujairah180(-1)
Rotterdam157(-2)

 

- Itochu Marine Co ltd office shifted to our head quarter Itochu building Aoyama. best regards, tel no, fax no unchanged but my mail address has changed as follows:
tanaka-riyu@itochu.co.jp
any questions pls send mail to this number.

 

 

David R.Tanaka/ITOCHU Marine


David R.Tanaka