Bunker prices in Far East ports down in early 40th week (graph)

According to price report of IAA PortNews, the Far East region saw a decline of bunker prices at the beginning of the 40^th week.

In Vladivostok, average price for IFO-180 НS was $533 per tonne (-$4), MGO price was $834 per tonne (-$7).

 

Market players expect further decline.

 

The port of Singapore, on the contrary, saw the increase of heavy fuel oil and MGO prices (+$4 and +$6 respectively).

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