24 July 2012 23:59 [Source: ICIS news]
LONDON (ICIS)--Black Sea and ?xml:namespace>
The recent sharp prices declines in the Baltic Sea and the
Several spot trades have taken place this week at prevailing prices, showing that both buyers and sellers feel comfortable to deal at these levels.
Among these deals, a 5,000 tonne cargo of
This week’s price stability ends a downtrend which continued largely unabated since the second half of May and saw over $300/tonne wiped off the value of various base oil grades.
Baltic Sea SN150 and SN500 prices were assessed steady at $910-940/tonne FOB and Black Sea SN150 and SN500 were assessed unchanged at $870-920/tonne FOB, by ICIS.
($1 = €0.82)
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