Spot market prices for Russian M100 grade ended last week lower, at RUB 9,789 pmt
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Average wholesale spot market prices for Russian M100 heavy fuel oil slumped by RUB 257 week-on-week to RUB 9,789 per metric ton (pmt) last week (December 16-20, 2013), the Kortes fuel prices review showed.
The bunker indications for Russia's regional markets are as follows:
- North-West Federal District M100 heavy fuel oil price fell RUB 70.0 to RUB 11,175.0 pmt;
- Central Federal District the product price plummeted by RUB 492.0 to RUB 9,042.0 pmt;
- Volga Federal District – the decline was RUB 79.0 to RUB 8,832.0;
- Southern Federal District – the prices were firm, at RUB 11,550.0 pmt;
- Siberian Federal District the product lost RUB 764.0 to settle at RUB 9,729.0 pmt;
- Far Eastern Federal District the decline was RUB 81.0 to RUB 15,344.0.