Brazil: Intra-day price adjustment

Thu 15 Jan 2009, 16:18 GMT

Brazil: Intra-day price adjustment

380-cst and 180-cst prices increase by $10 per metric tonne.

Brazilian bunker supplier Petroleo Brasileiro (Petrobras) S.A. has adjusted its prices upwards by $10 per metric tonne for 380-centistoke (cst) and 180-cst products at all Brazilian ports.

The intra-day adjustment means the following prices are now valid for the ports of Rio de Janeiro and Santos, the two leading bunker ports in Brazil by volume.

Rio de Janeiro
380-cst: $272-3
180-cst: $300.50 - $301.50
MGO: $507-513

Santos
380-cst: $234-5
180-cst: $262.50 - $263.50
MGO: $496.50 - $502.50

Prices are in USD per metric tonne and are valid from 1:10 pm Brazilia time.

Today's IFO prices for Rio de Janeiro and Santos had originally been adjusted downwards by $15 per metric tonne at the start of the day for both 380-cst and 180-cst before the company's decision to raise price levels in the afternoon.

MGO Petrobras Brazil Rio de Janeiro (BR) Santos (BR)


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