Bunker prices in Far East seaports edge down
Average indicative price at Russia’s Far Eastern seaport of Vladivostok for high sulfur product IFO380 HS was down $5.0 at $ 395.0 per metric ton, the price of IFO180 HS was also $5.0 lower at $ 410.0 pmt and MGO was sold for $ 660.0 pmt, the IAA PortNews Bunker Review shows.
The fuel oil prices were ranging between $ 390.0 and $ 410.0 pmt, depending on the product viscosity and its availability.
The bunker indicators did not fully respond to a decline on global crude oil market as the stock acquired for old price is stil available.
The exchange prices for MGO (DMB) range $ 650.0 to $ 700.0 pmt, while the price for the product at the Port of Singapore remained at $ 660.0 pmt.