The latest bunker prices for the shipping industry are as follows:
- The availability of high sulphur fuel oil (HSFO) remains limited. The price could also not be confirmed after it was reported to be $745 per metric tonne (MT) yesterday.
- While very low sulphur fuel oil (VLSFO) sold for $904 per MT on Monday, the price has come down to $860/MT.
Cockett Marine Oil South Africa reports adequate availability of VLSFO.
Current market indicators are as follows: R17.40 to the US dollar, R20.01 to the pound sterling, R17.38 to the euro, $1 720.62 per ounce of gold, $88.62 per barrel of oil.