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2014 May 13   15:50

Bunker prices in Far East ports down in early 20th week (graph)

According to IAA PortNews bunker price bulletin, average price for IFO-180 НS was $484 per tonne (-$9), MGO price was $783 per tonne (-$5).

Market players explain slackness of the market with low number of calls. The price is forecasted to continue declining throughout the week.

The port of Singapore also saw a decline of diesel fuel and heavy fuel oil prices (-$7 and -$2 respectively).

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