Bunker prices continue going down at the port of Novorossiysk, Russia.
Indications at the nearest ports, Istanbul and Piraeus, are fluctuating by $2-3.
According to the IAA PortNews Bunker Prices Review, average price for IFO-380 НS was $310 per tonne (-$5), average price for MGO was $597 per tonne (-$5).
MGO price is between $585 and $600 pmt, fuel oil price - between $305 and $315 pmt.
Bunker market at port Kavkaz sank due to increased competition among bunker suppliers in the region. Minimum fuel oil and light fuel prices - $260 and $570 pmt accordingly.
The difference between maximum/minimum price depends on the amount of sold fuel and its availability.
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