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2013 February 21   17:38

Bunker price in port Novorossiysk down in late 8th week

According to the monitoring of bunker fuel prices in the Southern region, carried out by PortNews IAA, the average indicative price in the port of Novorossiysk fell in the end of the 8th week.

Average price for IFO-380 НS was $498 per ton (-$44), average price for MGO was $959 per ton (-$13).

The prices for heavy fuel oil fell considerably at the Black Sea ports following the global market trends. Market players expect further decline of  prices.

The ports of the Azov Sea also dropped due to the absence of ice assistance charges.

The price for diesel fuel in the port of Istanbul fell by $16, heavy fuel oil - by $4.

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