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2014 July 3   17:07

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

According to IAA PortNews bunker price bulletin, average price for IFO-180 НS at port Vladivostok was $479 per tonne (-$4), MGO price was $822 per tonne (-$1).

MGO price is still high amid the deficit in the region. Maximum price in the market hits $825 per tonne (RUB 34,500-RUB 35,000 per tonne). 

The port of Singapore saw a decline of diesel fuel and heavy fuel oil prices (-$9 and -$6 respectively).

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