Bunker price in Far East ports down in early 9th week

According to the weekly monitoring of bunker fuel indicative price held by PortNews IAA, the Far East region saw a decline of prices at the beginning of the 9^th week.

In Vladivostok, average price for IFO-180 НS was $529 per ton (-$7), MGO price was $813 per ton (no changes).

The market players expect stable prices for diesel fuel and further decline of HFO prices.

The port of Singapore saw a decline of prices for all types of bunker fuel (- $9).