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2014 April 17   15:40

Bunker prices in Far East ports continue declining in late 16th week (graph)

According to price review of IAA PortNews, average price for IFO-180 НS at port Vladivostok was $507 per tonne (-$10), MGO price was $800 per tonne (-$2).

Minimal heavy fuel oil price - $500 pmt, in the internal market – RUB 21,000 pmt.

Market players predict further decline next week.

MGO price in the internal market is quite high – Rub 33,500-34,000 pmt.

The port of Singapore also saw an increase of diesel fuel prices (+$9) heavy fuel oil prices remain steady.

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