Bunker fuel price in Russia’s ports of the Far East started to increase at the end of 33 weeks. According to the PortNews’ weekly review of indicative prices for bunker fuel, the average price of IFO-180 HS rose $4 to $534 per ton, the MGO price gained $15 to $860 / ton.
Prices in the bunker market of the Russian Far East follow those of Singapore and the quotations growth.
Market participants note this is a very good moment for fuel oil exports.