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2014 July 1   13:23

Bunker prices in Far East ports down in early 27th week (graph)

According to IAA PortNews bunker price bulletin, average price for IFO-180 НS at port Vladivostok was $483 per tonne (-$4), MGO price was $824 per tonne (-$6).

MGO price is still high amid the deficit in the region. Maximum price is $830 pmt (RUB 34,500-RUB 35,000 pmt). Foreign currency prices decline with the dollar rate decrease. 

The port of Singapore saw a decline of diesel fuel and heavy fuel oil prices (-$13 and -$2 respectively).

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