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2013 December 12   16:14

Bunker prices in Far East ports remain unchanged (graph)

The average price of bunker fuels lacked direction at the ports in the Far East region at the end of the 50th week, the IAA PortNews price bulletin showed.

IFO180 HS was sold at the port of Vladivostok for $493.0 per metric ton (pmt), MGO was $803.0 pmt. The prices kept unchanged after long decline

The fuel prices decline was due to week USD and low rates at local refineries.

Indicative average prices for bunker fuel at the port of Singapore fell by $ 1.0 pmt (IFO180 HS) and by $8.0 pmt (MGO).

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