Bunker price in Far East ports changed in early 17th week
According to the weekly monitoring of bunker fuel indicative price held by PortNews IAA, the Far East region saw the change of prices at the beginning of the 17th week.
In Vladivostok, average price for IFO-180 НS was $512 per tonne (+$7), MGO price was $798 per tonne (no change).
There is a heavy fuel oil deficit in the region, hence the growth of HFO prices registered at local oil tank farms.
The port of Singapore saw a decline of diesel fuel price (-$2) and an increase of heavy fuel oil price (+$4).