According to price report of IAA PortNews, average price at port Vladivostok for IFO-180 НS was $529 per tonne (+$9), MGO price was $770 per tonne (+$6).
The price situation in the bunker market is getting worse because of the fuel oil deficit in the region. Besides, internal prices go up due to dollar rate increase (About RUB 2,200 per tonne).
Market participants cannot forecast when the situation is to stabilize.
The port of Singapore also saw an increase of prices for all types of fuel by $2-3 on the average.
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