Bunker prices surge at the port of Novorossiysk, Russia (graph)
Bunker prices have increased considerably at the port of Novorossiysk, Russia. This trend emerged before the New Year holidays with the early week showing a more dynamic growth.
According to the IAA PortNews Bunker Prices Review, average price for IFO-380 НS was $345 per tonne (+$25), average price for MGO was $580 per tonne (+$30).
The difference between maximum/minimum price depends on the amount of sold fuel and its availability.
Bunker prices at port Kavkaz are rising to the level of Novorossiysk.
Average indicative prices at the port of Istanbul climbed by $4 on the average.
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