Bunker prices in Far East ports up in late 43rd week

According to price report of IAA PortNews, the Far East region saw an increase of bunker prices at the end of the 43^rd week.

In Vladivostok, average price for IFO-180 НS was $531 per tonne (+$3), MGO price was $826 per tonne (no changes).

In late 43^rd week, port Vladivostok encountered heavy fuel oil deficit. By the weekend, the price will make $540-545 per tonne.

Market participants expect the decline of light fuel prices next week.

The port of Singapore also saw a decline of IFO-180 HS and MGO prices (-$9 and -$23 respectively).

Subscribe for fuel price report of IAA PortNews snitko@portnews.ru