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February 25, 2018

Bunker Fuel

Markets

NWE and Baltic Bunkers Commentary

New York (Platts)--07Dec17/0745 pm EST/ 0045 GMT

The Northern European bunker market had a mixed response to rising ICE Brent and gasoil futures, Thursday. Demand at Rotterdam was heard mixed, with some sources saying demand was OK and had even picked up a little bit compared with previous days, while others said it had been a calm day. Suppliers expected demand will pick up moving further into December as everyone looks to start fixing for the Christmas period. Availability at the Dutch port was also said to be mixed from suppliers. Some said availability was good while another said that although for the most part availability was fine, it was poor for prompt deliveries. "MGO availability is OK. Prompt HSFO is still tight," one trader said, adding there were "some occasional loading issues and delays but nothing to be of any major concern". Demand and availability at Hamburg, Germany, were both good. Availability was heard to be good at Gothenburg, Sweden, and Skaw, Denmark, while demand was said to be mixed. One supplier said demand was average to good, but traders at the port said it was slow. Bad weather at the port was likely to be behind the weakened demand, one trader said, adding the weather was making things a little slow but bunkering operations were still in action. At St Petersburg, Russia, demand was good but availability of gasoil for prompt and large deliveries was a little tight, one buyer said.


Trends

Rotterdam 180 CST


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