Fuel oil prices are still high at the Far East ports amid the deficit in the region (graph)
According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for high-sulfur product IFO-180 HS was $300 pmt (+$15), IFO-380 НS — $305 pmt (+$15), MGO price was $ 403 pmt.
Fuel oil prices are still high at the Far East ports amid the fuel deficit in the region. The prices at the port of Vladivostok have climbed to the level of port Singapore. Maximum price of heavy fuel oil is $310 pmt.
Bunkering companies expect fuel supplies by the end of the month. The prices are expected to be high throughout this period.
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