Indicative average bunker fuel prices in the ports of the Far East region are closing the 19th week slightly lower, the PortNews bunker price bulletin shows. Average price for high sulfur product IFO180 HS in the Port of Vladivostok lost $2.0 to $ 493.0 per metric tonne while MGO price settled at $ 788.0 pmt.
The bunker market players predict further decline in prices for all grades of bunker fuels.
Average indicative price of diesel fuel in the port of Singapore tumbled $8.0 pmt, while heavy fuel oil price gained $7.0 pmt week-on-week.