13 Mar 2014
Bunker prices were on average firmer in key ports in April compared to March.
In Rotterdam, IFO380 was $34 higher at $276 per metric tonne (pmt); Singapore saw a $43 increase to $293 pmt.
The main reason for the increase in both ports was firmer fuel oil markets.
Reports in late April noted that fuel oil stocks in Singapore were expected to tighten in May, while Rotterdam's levels were down but still within seasonal norms.
The latest poll on Bunkerworld is asking readers their expectations for bunker prices in May.