Bunker prices in Far East ports continue to grow in early 29th week (graph)

According to price report of IAA PortNews, the Far East region saw a further increase of bunker prices at the beginning of the 29^th week.

In Vladivostok, average price for IFO-180 НS was $520 per tonne (+$5), MGO price was $833 per tonne (+$6).

The price hikes are driven by the internal market deficit.

The port of Singapore, on the contrary, saw a decline of diesel fuel and heavy fuel oil prices (-$9 and -$2 respectively).

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