Bunker prices in Far East ports up in early 15th week (graph)

According to price report of IAA PortNews, average price for IFO-180 НS at port Vladivostok was $525 per tonne, MGO price was $804 per tonne (+$20).

Following the fall of the past week, the prices increased considerably in the beginning of the current week contrary to the expectations of the market players. On Monday, ruble prices surged due to the increase of prices at local oil tank farms. MGO price hit RUB 34,000 pmt.

The port of Singapore saw a decline of diesel fuel and increase of heavy fuel oil prices (-$2 and +$1).

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