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2013 January 29   12:41

Bunker price in Far East ports remain stable in early 5th week

According to the weekly monitoring of bunker fuel indicative price held by PortNews IAA, the Far East region saw no change of prices at the beginning of the 5th week.

In Vladivostok, average price for IFO-180 НS remained $551 per ton (-$1), MGO price was $824 per ton.

The market players expect further decline of prices in view of December products to be sold by old prices.

The port of Singapore saw a slight decline of prices for heavy fuel oil and diesel fuel (average $2).

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